Bull markets running on all markets with a new high looking to be set on the European index. We are however able to create a Fib Extension to the previous high set back in Jan 2022. The blue lines indicate a buy entry with each blue line signifying the next levels of TP in the case of a buy. In the case of adding sell stops, we begin at 479.77 where we could see...
Trade Idea: Buying SXXP Reasoning: Month end buying to aid a correction on SXXP Entry Level: 387 Take Profit Level: 403 Stop Loss: 379 Risk/Reward: 2.03:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis...
PA is King. The charts never lie. You just have to be willing to accept the truth.
Stoxx600 roughly has 4% room to go on the current trend. Once it break out the previous major resistence level, the trend will reverse and start to fall. I expect something like 2008 to happen.