The EUROSTOXX 50 confirmed a further negative closing however it failed to extend the decline below the previous session’s range.
The indicators of the daily chart are however negative and this morning also those of the s/t ones are below the line. Only an hourly closing above 2299 will postpone further weakness supporting a rebound toward the 2350 area.
We are missing strong signals for now; we suggest still playing the range 2200 – 2350!
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