As tweeted earlier , the Euro Stoxx 50 chart is looking very weak. While near-term technicals dip into oversold territory, the projection is for price action to head lower.
Today's session saw a close underneath the post-Brexit uptrend, and we are likely to see a move to 2,900 to 2,915 -- or the 61 percent retracement from mid-December.
The momentum of the...
