Eurostoxx Daily Forecast: May 19, 2017
Jason Sen | May 19, 2017 06:14AM ET
Euro Stoxx 50 Futures key to direction should be the 3545/40 area. Below re-target 3518/15 & 3505/00. We could reach as far as support at 3490/80 on the downside but look for a low for the day. A break below 3470 however is another sell signal targeting 3455/50 & perhaps as far as minor support at 3435/30.
Bulls need to stablise prices above 3550 to regain control. Resistance then at 3570/73 & gains are likely to be limited but above 3580 allows a recovery to 3595/3600.
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