Instrument: DE30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 15286.7 with take profit at 15334.6.
Bearish Preference:
Sell position is envisaged if price trades below 15176.8 with take profit at 15126.9.
Fundamentals:
No major fundamental
Comment: Germany stocks were lower after the close on Friday, as losses in the Chemicals, Industrials and Technology sectors led shares lower. At the close in Frankfurt, the DAX lost 0.67%, while the MDAX index lost 0.04%, and the TecDAX index fell 0.20%.OPEC+ said at their last meeting that they would react promptly if they felt it necessary, but markets are not anticipating any announcement soon.
Analysis: SCRUM Team