GAP 1 3310 GAP 2 3272 GAP 3 3238
After a downward breakout from a consolidation figure (flag), the EuroStoxx 50 is pulling back in the Distribution zone between 3232 and 3251 points. The index is approaching a ST pivot at 3243, but there are strong resistances in the area around 3250: these points are potential sell levels when the pullback momentum weakens.
On thursday ECB president Mario Draghi maintains a dovish tone on rates, Bund reacted with an attempt to rally from lows of 162 and closed 162.36 that day. However that rally was short-lived as the US Dollar continued to strengthen ahead of Trump's inauguration while pushing global bond yields higher. Bund closed on a critical support level of 162, which has...
Alla vigilia del ADC di Unicredit, non sono molto ottimista sul futuro del settore bancario Europeo. Il future si trova poco sotto l'area di accettazione posta a quota 176, round number, VAH 2015-2016, importante HCR settimanale (ed in passato anche LCR sul quale il future è più volte rimbalzato), dove sono allineati più High/Lows e peraltro livello coincidente...
In this chart I show you the key events and times of occurrence ahead of the news today. The US futures market will probably open with a gap due to opening after the polls come out, but there will be plenty of time to await the official results, so, the market might remain volatile and directionless before the results are out. I'd reccomend you keep risk small if...
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...
EUROSTOXX 50 GRAFICO 1H RESISTENCIA EN MP150 Y ZONA FIBO 38,2
Long position above EMA200 , TP 3165 below long term resistance
There's only a little chance of breakout up. Please make sure to click Like button if you like my Idea!
Drinking a bottle of Evian I thought hmm. Could bounce off that resistance a bit though as it is pretty resting for this stock.Heavy volume looks good too!
Reason : Upside move has exhausted in three way format. Timeframe : First week of May 2016. Because, all previous moves has taken similar time.
As we can see Eurostoxx50 is making a S-H-S on 1 day time frame. This figure will end in same date that Brexit vote (aprox.) also we have the problem of Greece in June
Something changed on the last ECB meeting and US / EU gap has widenet recently even more, and is now seen on smaller TF's also. Interesting... But could make an win win situation with DOW LONG + SHORT EU STOXX