Technical Analysis – GER 30 index denied further advances above MAs
Germany 30 index (Cash) was deprived of additional gains after the index shot above the 100-period simple moving average (SMA), escaping a region where the SMAs had converged. The price appears to have retreated from a limiting level in-line with the upper surface of the Ichimoku cloud around 13,047. Looking at the relatively flattened SMAs, […]