Ger30| Short after a break and close below the rising trendline

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Ger30 closed at a key level last week. Since June 2022 the market traded below this level. It is an important zone as we can clearly see what happened in the past. If we can short Ger30 this coming week we first want to see it breaking and closing below the rising trendline with bearish confirmation. If this happens I believe it will fall to 13000.

However, if we see it closing above the key level then we can expect it to rise.

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