STOXX 50 ANALYSIS

The EUROSTOXX 50 failed as well to confirm another strong closing forming instead a negative day reversal; a daily closing tonight below 2265 will resume the decline.
The indicators of the daily chart are again below the line while those of the s/t ones are mixed supporting further consolidation.
The index found some support at 2260 and while holding we could see a rebound with the 200 hours line at 2323 the possible attraction. An hourly closing below 2260 will instead cause a retest of the previous low at 2189!!
We got stopped out and for the moment we prefer remaining on the sideline.

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FUTURE TREND RESEARCH