Eurostoxx is accelerating away, guessing that the helicopter money hit it first. This one has a lot of room to potentially grow. Be careful out there, all this growth in the major indices is purely speculative. Real sector recovery has been choppy and modest.
None of the above is financial advice, please do your own research - your trades are your trades.
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
The amazing price action...
-Reversal double bottom;
-Major bearish trendline broken, the double bottom "neck" broken, validating the double bottom;
-Found resistance at Bearish Butterfly territory;
-Two targets for the Butterfly, the second @2933$ (618% retracement) will forge the 2618 bullish setup with initial and default targets around 3600$, the...