DE30 reaching a decision area

DE30 is reaching a prime resistance which may cause it to break and right up to the next zone or fail and reverse back to a lower zone.

I would be watching to see if it break resistance and possibly put in some scalps until a trend is more prominent.

Note

Since posting, DE30 has dropped more than 30 points, will wait to see if there is retracement

Note

Since posting, DE has dropped more than 150 points. Watch out for retracements, and a retest of the resistance

hey_mk

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.