STOXX 50 ANALYSIS

The EUROSTOXX 50 went directly higher confirming a strong daily closing forming a positive outside day reversal with now 2377 – 2210 the levels to follow in the coming hours.


The indicators of the daily chart are now again positive and also those of the s/t ones are positive or close to the line suggesting further upside potential.
Possible an extension of the move up toward the 2400/30 area where we expect however good resistance and where we want to try a short position!
We sell a possible 2420 overshooting.

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FUTURE TREND RESEARCH