DE30EUR 2021 Jan 11 Week
DE30EUR 2021 Jan 11 Week
Red/green zones = preferred trade areas.
We see a strong rejection at A, notice the bar closing at the bottom third of the bar.
The bar after intermediate support at B went up on low volume, likely a mark up bar
Some reduction in volume as price makes new high, keep stops tight if on long position / protect profits.
Possible levels if price > 14140
14212
14254
Resistant1 = 14101 - 14140
Intermediate support = 13996 - 13420
Support1 = 13900 - 13928
Support2 = 13731 - 13747
Support 3 = 13568 - 13590
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