DAX forming a top?

10 thg 12

GER40 - 24h expiry

Sequence of 7 positive daily performances broken.
We are trading at overbought extremes.
Bearish divergence is expected to cap gains.
Short term MACD has turned negative.
A higher correction is expected.
Rallies should be capped by yesterday's high.

We look to Sell at 20415 (stop at 20535)
Our profit targets will be 20115 and 20025

Resistance: 20350 / 20474 / 20600
Support: 20260 / 20200 / 20000

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