vlad.adrian
Long

Euro Stoxx - Long bet on Europe

EUREX:FX1!   Euro Stoxx 50
119 4 4
The weekly chart is nothing but bullish
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. I did the explaining on the chart.

The daily chart of Euro             Stoxx does not look as good as the ITA40             or ESP35, but all major European equity markets move roughly the same.

Green impulse on both time frames, with serious bullish bias on the weekly chart.

Long with a stop below 3000, first target at 3300. I might hold it beyond that if I get the chance.
kilo1romeo
2 years ago
This looks good. Perhaps 3227 is a good target to take some profits as protection. Just a theory. I don't trade the Stoxx50 but if I did, I'd drink Dos Equis because you Vlad are the most interesting man in the world! Excellent analysis.
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vlad.adrian PRO kilo1romeo
2 years ago
Thank you
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03.12.2014 added half
snapshot
Impulse is green, price is at value on the H4, and fundamentals still call for a long on European stocks.
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08.12.2014 Took profits at the price on chart
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The chart is not terribly bearish, but the market is down sharply in the US. It is time to be cautious
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