Instrument: DE30
Technical Analysis
Bullish Preference:
A buy position is envisaged if the price trades above 16142.8 with take profit at 16432.3.
Bearish Preference:
A sell position is envisaged if the price trades below 16368.8 with take profit at 16346.8.
Fundamentals:
None with High Impact
Comment:
European shares fell on Monday, with Franco-German lab equipment maker Sartorius leading the declines, while investors cautiously awaited further stimulus measures from China to revive demand. Trading is expected to be thin as U.S. markets will remain shut for a public holiday on Monday.
Analysis: SCRUM Team