Technical Analysis – GER 30 index detects overbought signals near 3-month high

The German 30 stock index (cash) finished Wednesday’s session at three-month highs and comfortably above the 200-day simple moving average (SMA) following the close above the 12,000-round level. While the aforementioned notable move foresees the extension of the two-month old uptrend, the market needs first to overcome the 12,600 mark which is currently blocking the […]