Instrument: DE30
Technical Analysis
Bullish Preference:
A buy position is envisaged if the price trades above 15975.1 with take profit at 15999.2.
Bearish Preference:
A sell position is envisaged if the price trades below price 15939.8 with take profit at 15917.1.
Fundamentals:
None with High Impact
Comment: European stock markets have slipped lower Friday, with signs that the Chinese economy is struggling to recover from the impact of the COVID pandemic overshadowing the positive sentiment generated by the rally on Wall Street overnight.
Analysis: SCRUM Team