Technical Forecast for Eurostoxx

Euro Stoxx caught us out with a break of 2832/38 highs but we only made it to 2849. We fell back sharply to 2819 & if we hold below 2824 today look for 2810. Below here we meet good support at 2798/95 with a low for the day possible. However we need stops on longs below 2785 for 2768/62 & a buying opportunity.

 

Above 2825/30 we could try for yesterday’s high of 2846/49. Good chance of a top here again but if we continue higher look for 2866 then 2882, possibly 2893.