The EUROSTOXX 50 formed a positive day reversal but only a daily closing tonight above 2291 will confirm a s/t bottom supporting higher level.
The indicators of the daily chart are however still negative as well as those of the 4h one. Only the indicators of the hourly chart are positive this morning supporting the correction. An hourly closing above 2291 will support a move up toward the 200 hours line at 2330.
We try staying long the position suggested yesterday.
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http://www.easyforexnews.net/wp-content/uploads/2011/11/EURO-STOXX50-11.11.pdf
FUTURE TREND RESEARCH
