Instrument: DE30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 15159.7 with take profit at 15192.4.
Bearish Preference:
Sell position is envisaged if price trades below 15123.0 with take profit at 15086.5.
Fundamentals:
No Major fundamental
Comment:
Germany stocks were lower after the close on Friday, as losses in the Technology, Chemicals and Transportation & Logistics sectors led shares lower. At the close in Frankfurt, the DAX fell 1.75%, while the MDAX index fell 1.67%, and the TecDAX index fell 1.37%. The best performers of the session on the DAX were HelloFresh SE (DE:HFGG), which rose 2.44% or 1.30 points to trade at 54.68 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:DBKGn) added 2.40% or 0.318 points to end at 13.578 and Qiagen NV (DE:QIA) was up 1.59% or 0.680 points to 43.430 in late trade.
Analysis: SCRUM Team