j_arrieta

EUROSTOXX reversal

Short
j_arrieta Updated   
CAPITALCOM:EU50   EU Stocks 50
EuroStoxx 50 reversing.
  • Reached the (A)-(B) 161.80% target, and turned around.
  • Topped the rising wedge lines that start on the 2019 highs and the 2020 lows.
  • Weekly RSI with negative momentum since may
  • Short term, PT 4500 area, prior 2021 and 2023 highs
Comment:
moving sideways, not making higher highs

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