Euro Stoxx: Try Longs With Stops Below 3570
Jason Sen | Jan 16, 2018 04:11AM ET
Euro Stoxx good support again today at 3581/78. Try longs with stops below 3570. Holding here targets 3595 and minor resistance at 3602/05 before the 3615/18 level. We topped just a tick below here yesterday. Further gains in the short term bull trend target 3630/35, perhaps as far as 3646/50.
Downside is expected to be limited but below 3600 risks a slide to good support at 3581/78. However a break lower targets an excellent buying opportunity at 3559/55. Try longs with stops below 3545.
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