Instrument: DE30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 13911.8 with take profit at 13937.2
Bearish Preference:
Sell position is envisaged if price trades below 13851.0 with take profit at 13825.9
Fundamentals:
No major fundamental
Comment:
European stock markets edged higher Tuesday, helped by strong earnings from mining giant BHP Group ahead of the release of key German ZEW sentiment data. European stocks are struggling to build on the positive momentum seen at the end of last week as global growth worries continue to be the dominant theme. That said, earnings have generally been positive, and that continued Tuesday.
Analysis: SCRUM Team