Euro Stoxx: Try Shorts With Stops Above 3280
Jason Sen | Oct 22, 2018 01:36AM ET
Euro Stoxx 50 key 18 year trend line support at 3165/55 for another buying opportunity this week. Below here meets good support at 3100/3080 from the price action from March to November 2016...also the 200 month MA. Below 3060 should trigger stops again to 3015. On further losses look for 2982/74.
Holding key 18 year trend line support at 3165/55 allows a recovery to 3195 and 3213/18...we topped exactly on Friday. We must beat 3228 this week for 3236 and 3248/52 with strong resistance at 3260/70. Try shorts with stops above 3280.
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