GER40 - Intraday - We look to Sell a break of 15389 (stop at 15454)
Daily signals are mildly bearish.
We are trading at overbought extremes.
Trend line support is located at 15460.
The previous swing low is located at 15390.
50 4hour EMA is at 15420.
20 1day EMA is at 15400.
A break of yesterdays low would confirm bearish momentum.
Our profit targets will be 15201 and 15181
Resistance: 15550 / 15600 / 15650
Support: 15500 / 15450 / 15400
Daily signals are mildly bearish.
We are trading at overbought extremes.
Trend line support is located at 15460.
The previous swing low is located at 15390.
50 4hour EMA is at 15420.
20 1day EMA is at 15400.
A break of yesterdays low would confirm bearish momentum.
Our profit targets will be 15201 and 15181
Resistance: 15550 / 15600 / 15650
Support: 15500 / 15450 / 15400
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