Euro Stoxx 50 Forecast For Feb 13, 2020

Published 02/13/2020, 03:03 AM
STOXX50
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Euro Stoxx 50 we wrote: through 3816/18 to target 3830/35 and 3850/55.

We topped 3 ticks above here.

EuroStoxx dips towards minor support at 3839/37 with better support at 3825/22. Further losses meet a buying opportunity at 3805/00, with stops below 3790.

Minor resistance at 3850/55 then above 3860 we meet strong resistance at 3870/80. Above 3790 look for 3900/05 and 3915/20.

Trends

  • Weekly outlook is positive
  • Daily outlook is positive
  • Short Term outlook is positive
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