Euro Stoxx: Look For Strong Support At 3550/45
Jason Sen | May 12, 2017 01:50AM ET
Euro Stoxx 50 bounced back to 3601 but holding below 3610 again today re-targets first support at 3590/85 before the next target of 3571/70 (for obviously reasons). Look for strong support at 3550/45 and the best chance of a low for the day. Longs need stops below 3530.
Above 3615 allows a retest of Tuesday's high at 3623 before the 3642/47 high. On a break above 3650/55 look for resistance at 3681/84. However above 3690 targets 3696 and 3713/16.
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