GER40-SELL strategy short-and long termThe index is very overbought, and this amidst weakening EU economies, and lowering of rates, provides no basis for the levels we see for this index. the RSI is very high, and we are trading above the regression channel, which cannot last forever, and usually in following sessions this will correct.
Strategy SELL @ 21,650 - 21,750 and take profit near 20,925 for now.