Index

Euro Stoxx 50 may fall to 4720.00 - 4820.00

2024-06-24

Pivot

4960.00

Our preference

Short positions below 4960.00 with targets at 4820.00 & 4720.00 in extension.

Alternative scenario

Above 4960.00 look for further upside with 5070.00 & 5121.00 as targets.

Comment

The RSI is mixed.

Supports and resistances

5121.00 **

5070.00 ***

4960.00 ***

4920.06 Last

4820.00 ***

4720.00 ***

4695.00 **

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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