Euro Stoxx futures are looking highly toppish, trading near important resistance levels, Elliott Waves targets and showing bearish momentum,
There is a possible huge downside scenario that would imply a more than 80% correction on the index, towards the 831 level.
A breakout above the recent highs, near 4513, would invalidate this view.
There is a possible huge downside scenario that would imply a more than 80% correction on the index, towards the 831 level.
A breakout above the recent highs, near 4513, would invalidate this view.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.