German Stock Index (11,340 will be one tough resistant)

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Updated View On German Index (4 Feb 2018)

It is proven that 11,340 will be a strong resistant.
As long as the price is above 11,100, the price shall retest the resistant again.

But in order to break out the resistant of 11,340, we will need a strong breakout candle to appear and I do not think it will happen anytime soon.

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Updated View On German Stock Index (7 Feb 2019)

11,340 level TP is hit and it is resisting as expected.
It may pull back for a while but I am expecting it will come back UP stronger.
It will use 11,000 as good support.

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Updated View On German Stock Index (8 Feb 2019)

Nice sell down we had after hitting resistant of 11,340.
I expect the bearishness momentum to carry forward for now and it can retest 10,875.