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Euro Stoxx: Look For Selling Opportunity At 3060/65

Published 11/02/2016, 08:56 AM
Updated 07/09/2023, 06:31 AM
STOXX50
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Euro Stoxx Weekly Chart

Euro Stoxx 50 outlook negative but we have 2 key support levels, the first at 2995/91 then 2969/66. A break below here should be a huge sell signal and initially targets 2929/26 then September lows at 2909.

Strong resistance at 3020/30 area and gains are likely to be limited. However if we continue higher look for a selling opportunity at 3060/65.

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