Euro Stoxx 50 Index

FX:​EUSTX50

Monitoring the pullback, possibly to the 50% fib. Look to short if price resists the resistance area shaded. Previous support area on the daily chart. Await for the ADX above 25 and stoch to confirm downword momentum again. Now on a downtrend <daily chart- keeping with the overall trend.

Reversal at play?

- Bullish trend is broken - Ichimoku setup is bearish, EWO and MACD are bearish - HaOscilator suggests there may be some chance for a minor bounce. Chikou Span also hit past Kumo bottom, which means around 3480 there is some resistance. Any retest to 3520-3560 zone is an opportunity to look for a short entry.

I can see a potential Long setup for EUSTX50 index. Couple of things that I observed: 1. Price is currently retesting EMA(200) and this is also a resistance-turned-support zone (back in April 2017). 2. A divergence observed between the chart and RSI(14), as chart is making lower low, whereas RSI(14) is making higher low. If price can close around 3530 (which I ...

- Ichimoku is back to neutral. Price trades in thick Kumo. Warning: Senkou span cross (bearish Kumo twist) 26 weeks ahead! - Heikin-Ashi shows mixed price action, indecision, consolidation. Warning: haDelta+ and haOscillator may give sell signals. - MACD shows weakness - EWO is bearish I think bulls cannot have much hope on this market now.

possible shorts?

It´s not that i belief in it 100%, but stop loss can be set very close.

Sinewave and Momentum are both having hard time to trigger signals here because of ECB press conference stimulus that has driven sharp and faster price movements. Anyway 3641 is a key level that I had on my charts for weeks. We're testing it and as it corresponds to the final wave of a potential expanding triangle structure, that would be a shame not trade it and ...

Just got this trade on the 15 mins chart again, based on the bat pattern. Success RandR

See previous charts for reference

See previous posts

wait for a flag and then we will buy

- The 3 months deterioration period seems to be over. Price broke back above downtrendline, after major bullish trendline acted as good support last week. - Ichimoku is back to neutral with some bullish bias ahead. Equilibrium level and now bullish support is 3450+. Price is above Kijun, right at spot Kumo top, which could be some short term resistance. - ...

This could go in line with the Dow Jones hitting 22205, the DAX at 12390 and the CAC at either 5175-5180 or even 5218.

Sell a little here, at prev Chikou resistance. If it spikes higher, use the move to sell in the zone between Tenkan and Kijun-Kumo-100WMA area. (Marked with parallel channel on the chart) Forward Kumo twisted -> Bearish Senkou Span cross. EWO and MACD are bearish.

... with some resistance at 3400.b Any spikes back to around 3500 would be an opportunity to look for a sell signal. (if there will be a spike at all)

I prefer buying Eurostoxx50 vs short SPX. - Ichimoku setup is bullish. Chikou is at support, forward Kumo is bullish - Weekly candle body shrinks at Kijun support - haDelta+ and haOscillator turn higher from their lows - EWO is positive. MACD shows bullish consolidation

Basing before higher