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Instrument: DE30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 15095.8 with take profit at 15143.7.
Bearish Preference:
Sell position is envisaged if price trades below 15005.5 with take profit at 14968.7.
Fundamentals:
No major Fundamental.
Comment:
European stock markets traded sharply lower Monday, continuing last week’s selloff, as the threat of war in Ukraine added to concerns surrounding high inflation and the prospect of U.S. Federal Reserve interest rate hikes.
Analysis: SCRUM Team
