Our first Eurostoxx 'ridethepig' chart upload on Tradingview... Here we are witnessing the final fumes in this corrective process. The area we need to track is 3515 - 3533 which will include the ABC count from the lows in June. To put simply, anything below here will still be considered part of the corrective sequence (those with a background in waves will know...
Euro Stoxx 50 is approaching our first resistance at 3262.1(horizontal overlap resistance, 50% Fibonacci retracement ,100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 3043.7 (61.8% Fibonacci retracement ,61.8% Fibonacci extension)
Stochastic (89,5,3) is also approaching resistance where we...