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(M3) Broader Bull Cycle Remains In Play

EUROSTOXX50 TECHS
  • RES 4: 4520.00 High June 2001 (cont)
  • RES 3: 4403.50 High Nov 18 2021 (cont) and a major resistance
  • RES 2: 4381.50 High Jan 5 2022 (cont)
  • RES 1: 4363.00 High Apr 21 and the bull trigger
  • PRICE: 4339.00 @ 06:18 BST Apr 28
  • SUP 1: 4285.60 20-day EMA
  • SUP 2: 4210.70 50-day EMA
  • SUP 3: 4175.00 Low Mar 30
  • SUP 4: 4164.00 High Mar 22

A key short-term support in Eurostoxx 50 futures at 4285.60 remains intact - for now. This is the 20-day EMA where a break is required to signal a short-term top and highlight potential for a deeper pullback - towards 4210.70, the 50-day EMA. Trend conditions remain bullish and attention is on the bull trigger at 4363.00, Apr 21 high. A break would open 4381.50, the Jan 5 2022 high (cont).

Fixed Income Technical AnalysisForeign Exchange Technical AnalysisHomepagemarkets-real-timeEquitiesBulletMarketsFixed Income BulletsForeign Exchange Bullets
Fixed Income Technical AnalysisForeign Exchange Technical AnalysisHomepagemarkets-real-timeEquitiesBulletMarketsFixed Income BulletsForeign Exchange Bullets

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