Instrument: DE30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 14020.1 with take profit at 14031.9
Bearish Preference:
Sell position is envisaged if price trades below 13936.1 with take profit at 13911.0
Fundamentals:
No major Fundamental.
Comment:
The main European stock indexes fell more than 2% on Monday as worries about an economic slowdown in China and rapid U.S. interest rate hikes overshadowed relief from French President Emmanuel Macron’s election victory over the weekend.
Analysis: SCRUM Team