Last week, the commodity on the weekly chart above penetrated above a resistance zone 4959.7-4907.2 with a big green candle. I expect a pull back to the just broken zone followed by a clear bounce within it. My advice, remain neutral with this commodity and wait for a correction to the just broken zone 4959.7-4907.2 and a rejection within it to pick long positions with your take profit at 5679.4 and stop loss at 4667.0. In case value of the commodity attached above is not contained above the zone 4959.7-4907.2 and clearly penetrates below it, I expect a possible surge towards the supportive level 3927.0.
The value of the commodity in the chart above is rallying with an increasing bearish momentum. I expect this bearish rally to continue to the supportive zone it recently penetrated above 11725.9-11619.0 with a big green candle followed by a rejection within it. Right now remaining flat with the shares of this company seems ideal than picking any positions. The best place to pick long position is within the zone 11725.9-11619.0 after a bounce with your take profit at 13471.9 and stop loss at 10998.7. As long as DAX is contained above the zone 11725.9-11619.0, only long position look ideal and I can recommend.
ESTX50 rose massively penetrating above a resistance zone it established around 3111.5-3083.9 and is still pretty much above it. As long as price is contained above 3111.5-3083.9, this is a potential buy zone. I expect the value of this commodity to retrace to the just broken zone and bounce within it, If this happens, within the zone will be the best place to buy this commodity at the least risk possible. My recommendation is that, traders willing to pick a position on this commodity should do so within the zone 3111.5-3083.9 after correction to it and a clear bounce with take profit at 3674.0 and stop loss at 2918.9.
Wait for a correction to 3111.5-3083.9 to buy #ESTX50.