Euro Stoxx 50 Futures: Targets To Watch

 | Jun 23, 2020 06:17AM ET

Euro Stoxx 50 September Futures, unfortunately, missed the buying opportunity at 3170/65 by 6 ticks on the Sunday open. Minor support at 3200/3195 held on Monday morning and we topped exactly at the target of 3254/60. The same levels apply for today.h3 Today’s Analysis/h3

Euro Stoxx topped exactly at 3254/60. A break higher targets 3280/85, 3300/05, perhaps as far as 3325/28.

Holding 3254/60 targets first support at 3224/20. A bounce from here likely, but further losses target 3200/3195. A break lower risks a slide to 3170/65.

h3 Trends/h3
  • Weekly outlook is positive
  • Daily outlook is neutral
  • Short Term outlook is neutral