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DayTradeIdeas
Jun 19, 2018 1:37 PM

EuroStoxx below 3410/05 risks a slide to the May low at 3385/80 

STOXX 50TVC

Description

EuroStoxx below 3410/05 risks a slide to the May low at 3385/80. A break below the 50% Fibonacci at 3374 targets 3366 & 3359/55.

Holding 3410/05 allows a recovery to 3428/30 with strong resistance at 3439/42. Shorts need stops above 3450. A break higher meets strong resistance at 3461/64. Shorts need stops above 3470.

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