In this update we review the recent price action in the Eurostoxx 50 and identify the next high probability trading opportunity and price objectives to target
The EURO STOXX 50 is a stock index of Eurozone stocks designed by STOXX, an index provider owned by Deutsche Börse Group. The index is composed of 50 stocks from 11 countries in the Eurozone. EURO STOXX 50 represents Eurozone blue-chip companies considered as leaders in their respective sectors.
European stocks index (SX5E) price have been surging since the beginning of the third quarter 2022.
As of now, the price stands in between 0.618 and 0.786 levels of Fibonacci which suggests to take profit.
Moreover, the actual situation with the war in Ukraine and the inflation still under the loop, the risk of depreciation is still apparent.
Conclusion: Good...
We have reached the next important resistance which had been holding for almost 1 year before broken in February last year. It is the upper resistance in this resistance zone.
The european index has been rising incredibly fast lately but our algorithm has found an alert to sell the index.
Statistics says that after a 20% rally and having a massive resistance above the probabilities of a trend change are really big, at least in the short term.
By selling in the 4.000 zone, you can adjust your stop to 4.100/200 depending on your risk...
The assumed support at around 3870 had failed. Then it has been backtested and failed immediately. This is a sign that the bears are ruling the market.
I created this account a year ago because I was sure the elites hadn’t even put into effect stage II of their great reset (stage 1 being a viral meme)
They indeed had an opportunity to crash world markets
I think they’re more subtle and longer term than that
Before I was convinced markets were topping out I had to be convinced that it was the markets not the...
EURO STOXX 50 Weekly Forecast Analysis 28 Nov-2 Dec 2022
We can see that this week, the current implied volatility is around 3.05% , down from 3.16% from last week.
According to ATR calculations, we are currently on the 6th percentile, while with VDAX we are on 1st percentile.
Based on this data, we can expect on average, the movement from open to close of the...
STOXX50 Volatility Analysis 21-25 Nov 2022
We can see that currently the implied volatility for this week is around 3.08%, raising from 3.07% of last week , according to VDAX data
(DAX Volatility Index which is highly correlated with VOLATILITY INDEX for STOXX)
With this in mind, currently from ATR point of view we are located in the 2th percentile, while...
EURO STOXX 50 INDEX: Potential for bullish extension towards 3,950 and 4,000 in the short term (5 to 25 days). This can be technically supported by the fact that current price is above its 4 and 40 week moving averages, the clearing above the 3,810 August (17th high) and the facts that both the 4 and 13 week rate of change indicators are above their respective...
We've had nearly a full month of UP-only FOMO buying in EU stocks, but has the macro changed? No. Have we averted disaster? No. Are we heading into an economic tornado and a deep winter of discontent? Quite possibly.
As USA federal reserve government .. boost up another high rates.. this effects other big indices markets as well across the world.
The 4th time 75 basis points. This triggering global recession ad seems like it is coming. For EUSTX50 WILL DROP HARD .. should expect the bottom at 3000
If it doesn’t hold then 2600 area is a good area to buy.
Trade safe and this...
STOXX 50 Monthly Forecast Movements 1-30 November 2022
We can see that for this month, the implied volatility is around 7.3%, increasing from 7.18% of last month.
This is currently placing us in the 60th percentile according to ATR and 91th according to VDAX.
Based on this percentile calculation, on average the monthly movement for the candle(from open of the...
Hey the "whale calves". Following the end of last bullish acceleration on Equities, the outlook remains positive - illustrated by the lower end of the ascending channel and the MAs that support the market. Considering that the market shaped a short term wave 3 up....preference to follow the rise to shape a short-term wave 5 at least. Have Fun - Stay Safe
🟠According Fundas we have monday will be most swing day i personaly suggest dont trade,Its good to be spectator🙇♂️
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🟡Scenario 1:Wait for comfirmation to breakout RS maybe area i just pointed top of RS if the price breakout that point we could be Long
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🟡Scenario 2:Price could be fall to our SP and if breakdown SP line expect more down trend.
