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Daily Market Analysis 28.02.2022: DE30

Instrument: DE30

Technical Analysis

Bullish Preference:  
A Buy position is envisaged if price trades above 14322.2 with take profit at 14382.4.
Bearish Preference: 
A Sell position is envisaged if price trades below 14155.1 with take profit at 14094.9.
Fundamentals:
No major Fundamental. 

Comment: 
European stock markets sold off sharply Monday, as investors digested the news of Western governments ramping up the sanctions on Russia and President Vladimir Putin placing his country’s nuclear deterrent on high alert.

Analysis: SCRUM Team

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