FlowState

SX5E Bounced Off Support, Potential Rise!

Long
TVC:SX5E   Euro Stoxx 50 Index
SX5E bounced off its support at 3088 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where it could bounce up to its resistance at 3267 (50% Fibonacci retracement, horizontal overlap resistance).
Stochastic (55, 5, 3) bounced off near its support at 2%.

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