GER40-SELL strategy Monthly chart

The GER40 has had a very strong run upwards, and all shorter period charts, i.e. 6-12 months, Daily and weekly, all show we have potential for a solid decline. I think we should see lower 19,000 again based on the monthly chart outlook. For short-term I see first 20,450 as a possibility coming weeks.

Strategy SELL @ 21,200-21,450 area and take profit near 20,575 for now.