GER40: Riding the Bearish Wave – A Swing Short Setup

Alright team, let's dive into the GER40, where the data is compelling for continued downside. "The trend is your friend," and right now, the German index is clearly showing bearish momentum that I believe we can capitalize on for a swing trade.

Technical Read & Entry Strategy

Currently, GER40 is trading around 22294.87, having dropped -0.47% over the last 24 hours. The day's range has been 22137.17 to 22452.57, and it's clear the sellers are in control. We've seen resistance forming robustly around the 22350 level, with further resistance at 22400 and the daily high of 22452.57. For this swing short, I