(2303)The EUROSTOXX 50 is confirming a rebound this morning after the drop yesterday that confirmed an undershooting of the 200 hours line, now again support at 2292. The indicators of the daily chart are still positive but those of the s/t ones are still showing a mixed picture. The drop toward 2270 formed bullish divergences in the hourly chart suggesting a possible change of the tone. The present move up could therefore be corrective. An hourly closing above 2310 will however faovur a test of the 2335 area where we take profit for now!
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FUTURE TREND RESEARCH