Eurostoxx Daily Forecast: January 08, 2018
Jason Sen | Jan 08, 2018 05:29AM ET
Euro Stoxx outlook remains positive as we hit the next target of 3600 & look for the December high at 3612 today. This is the main challenge for bulls so watch for a high for the day but shorts are too risky. Further gains are likely this week to 3615/18 & 3630/35, perhaps as far as 3646/50.
Downside is expected to be limited but below 3580 tests first support at 3568/64. Try longs with stops below 3555. Try longs again at 3535/30 with stops below 3520.
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