EuroStoxx below 3410/05 risks a slide to the May low at 3385/80
EuroStoxx below 3410/05 risks a slide to the May low at 3385/80. A break below the 50% Fibonacci at 3374 targets 3366 & 3359/55.
Holding 3410/05 allows a recovery to 3428/30 with strong resistance at 3439/42. Shorts need stops above 3450. A break higher meets strong resistance at 3461/64. Shorts need stops above 3470.
Holding 3410/05 allows a recovery to 3428/30 with strong resistance at 3439/42. Shorts need stops above 3450. A break higher meets strong resistance at 3461/64. Shorts need stops above 3470.