DAX to turnaround?DE30EUR - 24h expiry
We are trading at overbought extremes.
A higher correction is expected.
Short term momentum is bearish.
Short term oscillators have turned negative.
Offers ample risk/reward to sell at the market.
A break of the recent low at 21166 should result in a further move lower.
We look for losses to be extended today.
We look to Sell at 21249 (stop at 21351)
Our profit targets will be 20961 and 20881
Resistance: 21250 / 21370 / 21531
Support: 21166 / 21100 / 20950
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