Long based on the daily chart and support at 9730 holding.
Furthermore, RSI is indicating oversold and well below 30 i.e. 20 benchmark and now in an upward direction.
The buy trend could be expected to last around 2 weeks.
Important news events till then that could have an effect on long positions and PA.
13.05 Germany and Eurozone GDP Figures
18.05 Eurozone CPI Figures
19.05 ECB meeting
20.05 Germany PPI Figures
Furthermore, RSI is indicating oversold and well below 30 i.e. 20 benchmark and now in an upward direction.
The buy trend could be expected to last around 2 weeks.
Important news events till then that could have an effect on long positions and PA.
13.05 Germany and Eurozone GDP Figures
18.05 Eurozone CPI Figures
19.05 ECB meeting
20.05 Germany PPI Figures