GER40 to extended losses from engulfing.

GER40 - Intraday - We look to Sell a break of 14319 (stop at 14401)

Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Posted a Treble Top formation.
A bearish Head and Shoulders is forming.
A break of yesterdays low would confirm bearish momentum.
Bearish engulfing has been posted on last candle.

Our profit targets will be 14131 and 14081

Resistance: 14450 / 14500 / 14583
Support: 14340 / 14250 / 14150

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DAX Indexdax40dax40shortGERMANY 30DE40de40signalsger40ger40shortSupport and Resistancetradeidea

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