EuroStoxx 50 June continues higher to the next target of 3940/45 in the bull trend and we topped exactly here in overbought conditions.
Previously, we wrote: Downside is expected to be limited with support at 3900/3890. This was yesterday’s low.
Today’s Analysis
EuroStoxx hits the next target of 3940/45 in the bull trend. Further gains can target 3975/80 & 3995/99.
Downside is expected to be limited with support at 3900/3890. Longs need stops below 3880 for a test of support at 3860/55.
Chart
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