Trading within a Corrective Channel formation.
Bespoke resistance is located at 12300.
There is scope for mild buying at the open but gains should be limited.
Broken out of the formation to the downside.
Preferred trade is to sell into rallies.
Expect trading to remain mixed and volatile.
We look to Sell at 12300
Target 1: 12135
Target 2: 12360
Was a little early on the triggered call. It's now traded at the bid.
We partner with a number of brokers, but we tend to use IG or Core Spreads.
Nice weekend thanks, hope you did too.
Just triggered on the DAX short, let's see what happens from here.
Have a great day.