Well that was an eventful weekend. With less than 10 hours to go before the Bitcoin halving, the cryptocurrency markets are attempting a set up for a relief rally. In other news Federal Reserve Chairman Jerome Powell will speak on the current issues facing the U.S. economy later this Wednesday. Heading into this speech, it is difficult to bet against the market. I...
EURO STOXX 50 INDEX is the "lighthouse" of all the other EU index. It's a little bit too early to speak about Elliot Wave Pattern but: if confirmed we wait for it to 2560 Area. So all the other index. #DAX first of all.
Euro Stoxx 50 runs in a wave C labeled in green of Minor degree.
Euro Stoxx Index is also showing signs similar to my CAC40 idea (link below). Again, be wary with the Fed tomorrow. Cutting rates, and future rate cuts, means that there will be nowhere to go for yield other than the stock market. Central banks are attempting to keep stocks propped. This is their new mandate: to keep assets propped. You can see a some what of a...
SP:SPX TVC:SHCOMP AMEX:VEU TVC:SX5E AMEX:VEU 1, Vertical lines: Thin Orange is Trump wins election. Thick Orange is start of Trump presidency 2. Chart Lines: White is USA stock market, S&P500 Blue is the European “Dow Jones”, Euro Stoxx 50 Orange is the market cap weighted index of the entire planet’s stock markets (the 44 countries with capital...
Flag at eurostoxx 50? maybe good money in it., im short in usoil as well, it can drive the markets down a bit more.
4H CHART EXPLANATION: Main Items we observe on the Chart: - Price broke the Ascending Channel and, then, bounced on the Resistance Zone. - If price breaks the Ascending Trendline at 3381, it has potential to move down towards the Support Zone at 3300. We are looking for Sell Setups on lower timeframes. MULTI TIMEFRAME VISION: - Weekly - Daily
Global markets are turning to bearish due to Trump's tariff twitter. For short, I believe Eurostoxx 50 is a nice object today. A strong bearish bar has broken the structure. Just wait for a step-back opportunity and sell it. Entry: 3475 Stop: 3516 TP1: 3434 (We can trail it for more profit.)
4H CHART EXPLANATION - Price is currently on an Ascending Channel and, after bouncing on the bottom of it, theres potential to move towards the top. - Price is above the previous resistance, trying to mark new max. It is currently in a Bullish Corrective Structure to continue the up move. - If price breaks 3457, the target prices are determined by Fibonacci...
Euro stoxx is approaching our first resistance at 3262.6(horizontal swing high resistance, 61.8% & 50%Fibonacci retracement, 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 3134.7 (38.2% Fibonacci retracement , Horizontal overlap support, 61.8% Fibonacci extension ) Stochastic (55,5,3) is...
Euro stoxx is approaching our first resistance at 3262.6(horizontal swing high resistance, 61.8% & 50%Fibonacci retracement, 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 3134.7 (38.2% Fibonacci retracement , Horizontal overlap support, 61.8% Fibonacci extension ) Stochastic (55,5,3) is...
Euro stoxx is approaching our first resistance at 3262.6(horizontal swing high resistance, 61.8% & 50%Fibonacci retracement, 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 3134.7 (38.2% Fibonacci retracement , Horizontal overlap support, 61.8% Fibonacci extension ) Stochastic (55,5,3) is...
Euro Stoxx 50 is approaching our first resistance at 3262.1(horizontal overlap resistance, 50% Fibonacci retracement ,100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 3043.7 (61.8% Fibonacci retracement ,61.8% Fibonacci extension ) Stochastic (89,5,3) is also approaching resistance where we...
Euro Stoxx 50 is approaching our first resistance at 3262.1(horizontal overlap resistance, 50% Fibonacci retracement ,100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 3048.9 (61.8% Fibonacci retracement ,61.8% Fibonacci extension ) Stochastic (55,5,3) is also approaching resistance where we...
Euro Stoxx 50 is approaching our first resistance at 3262.1(horizontal overlap resistance, 50% Fibonacci retracement ,100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 3043.7 (61.8% Fibonacci retracement ,61.8% Fibonacci extension) Stochastic (89,5,3) is also approaching resistance where we...
In a prevalent potential or on-going bear market, sharp countratrend rallies and 50% retracements are usual.
Confluence of support just above the psychological level of 3000... waiting for the candle to close...