DE30 in Head and shoulders.
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GER30 - Intraday - We look to Sell a break of 13818 (stop at 13889)
We are trading at overbought extremes.
Rallies should be capped by yesterday's high.
A bearish Head and Shoulders is forming.
We look for losses to be extended today.
A higher correction is expected.
Our profit targets will be 13606 and 13511
Resistance: 14000 / 14100 / 14200
Support: 13900 / 13800 / 13700
We are trading at overbought extremes.
Rallies should be capped by yesterday's high.
A bearish Head and Shoulders is forming.
We look for losses to be extended today.
A higher correction is expected.
Our profit targets will be 13606 and 13511
Resistance: 14000 / 14100 / 14200
Support: 13900 / 13800 / 13700
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