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(Z1) Remains Vulnerable

EUROSTOXX50 TECHS
  • RES 4: 4420.80 1.382 proj of the Jul 19 - Sep 6 - Oct 6 price swing
  • RES 3: 4409.50 High Nov 18 and the bull trigger
  • RES 2: 4304.50 Nov 24 high and a key short-term resistance
  • RES 1: 4168.00/4220.80 High Nov 29 / 50-day EMA
  • PRICE: 4102.50 @ 05:46 GMT Nov 30
  • SUP 1: 3995.00 Low Nov 30
  • SUP 2: 3949.50 Low Oct 6 and bear trigger
  • SUP 3: 3882.00 Low Jul 19
  • SUP 4: 3844.00 Low May 13 (cont)

EUROSTOXX 50 futures stalled at yesterday’s high of 4153.00 and resumed its downtrend, trading below Friday’s low of 4032.00. The outlook remains bearish following the recent sell-off that resulted in a break of the 50-day EMA. A clear breach of 4032.00 would open the key support at the 3949.50 Oct 6 low. On the upside, a move above 4304.50, the Nov 24 high is required to ease bearish pressure.

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

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