Euro Stoxx 50 may fall to 4455.00 - 4571.00

Pivot

4812.00

Our preference

Short positions below 4812.00 with targets at 4571.00 & 4455.00 in extension.

Alternative scenario

Above 4812.00 look for further upside with 4980.00 & 5082.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

5082.00 **

4980.00 ***

4812.00 ***

4687.16 Last

4571.00 ***

4455.00 ***

4381.00 **

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