The EUROSTOXX 50 confirmed another weak closing even below 2100 suggesting further possible weakness toward 2045.
The indicators of the daily chart are still well negative as well as those of the 4h one where we have oversold conditions still showing also a potential positive reversal situation. The indicators of the hourly hart turned already above the line supporting a correction. While above 2107 on an hourly closing we expect therefore a possible retest of the 2150 area if not even 2190.
We try a small long position here at 2115 for this possible move up.
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FUTURE TREND RESEARCH