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Instrument: DE30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades 15804.8 above with take profit at 15833.5.
Bearish Preference:
Sell position is envisaged if price trades below 15731.8 with take profit at 15697.6.
Fundamentals:
No major fundamental
Comment: German stocks were lower after the close on Friday, as losses in the Retail, Technology and Consumer & Cyclical sectors led shares lower. European stock markets traded cautiously higher Monday, at the start of a week that includes a host of central bank meetings, including the all-important Federal Reserve.
Analysis: SCRUM Team
