EUSTX50 trade ideas
Some Insights with regard to STOXX50 20 Years Long insights. All labeled. I always believe this should be an ABC wave correction but the United States market is going delusion that makes me doubt myself. However, the EU market seems to represent a possible ABC correction, with C point being a truncation. I am waiting to see if 2986 could be a potential support zone. Because if this level doesn't hold, the overall positive trend zone of Stoxx 50 will be broken. Another possible support level is 2706. I currently have no position. But if those levels don't defend, I would consider opening more shorts. TP 2300 at least.
ANALISIS DE LA COYUNTURA DE WALL STREETEl mercado desde el punto de vista de elliott, están claras las opciones conviven, opciones alcistas y bajistas, nosotros hemos operado la bajista, pero sabemos que la alcista es posible y el mercado nos dirá si estamos equivocados o acertados, esta es una de las veces que el análisis está mucho más claro que la operatoria.
Euro Stoxx 50 - 2 possible scenarios?As always, there is risk in the markets and these two scenarios, whilst both bullish, offer differing paths. The equity markets really took off on Friday......was that a 3rd wave in progress or a massive fake out (on dodgy employment figures). I wish I knew the answer.
EUR - SX5E - Long position..Bullish sentiment returned?If the EUR SX5E Top 50 Can consolidate above the EMA price should continue up to the next level on the Fibonacci retracement before breaking down or ranging lower. This should create a stronger EUR in the FX Markets against both Major/Minor Pairs
EU50 Decision Level is nearEU50 Decision Level is near
Potential long continuation is posible but the price into a technical perspective due to the massive Doji formation
Lets wait for a confirmation in the market
Remember that fundamentals for European Union is not the best
Pair to look at EURUSD, EURJPY, EURAUD, EURCAD ...
Euro Stoxx 50 Index (SX5E) Peculiar BREAKOUT!
Euro stocks index broke below a horizontal neckline of a h&s pattern.
we have a nice conjunction of a daily/4h candle close below confirming the violation.
now the price retesting the broken level.
I expect seeing a bearish continuation to
2656 (next minor support)
2579