Index

Euro Stoxx 50 may rise to 4980.00 - 5082.00

2024-07-27

Pivot

4770.00

Our preference

Long positions above 4770.00 with targets at 4980.00 & 5082.00 in extension.

Alternative scenario

Below 4770.00 look for further downside with 4660.00 & 4570.00 as targets.

Comment

The RSI is mixed.

Supports and resistances

5280.00 **

5082.00 ***

4980.00 ***

4862.50 Last

4770.00 ***

4660.00 ***

4570.00 **

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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