GER30 - Intraday - We look to Sell at 14064 (stop at 14131)
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Preferred trade is to sell into rallies.
Pivot resistance is at 14072.
We look for a temporary move higher.
A shooting star has been posted as prices reject the higher levels.
Our profit targets will be 13866 and 13806
Resistance: 14000 / 14050 / 14100
Support: 13900 / 13850 / 13800
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Preferred trade is to sell into rallies.
Pivot resistance is at 14072.
We look for a temporary move higher.
A shooting star has been posted as prices reject the higher levels.
Our profit targets will be 13866 and 13806
Resistance: 14000 / 14050 / 14100
Support: 13900 / 13850 / 13800
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