Euro Stoxx 50 important support of the day at 3010/05. A break below 23.6% Fibonacci support at 2995 is a sell signal and initially targets the 200 day plus 500 month moving average at 2980/75. A WEEKLY CLOSE BELOW HERE IS CERTAINLY NOT POSITIVE!! On further losses look for minor support at 2945/40.
Holding 3010/05 is great for range traders as we head for first resistance at 3030/33. Above here re-targets 3045/48 then second resistance at 3063/67 (and the 3 week high of course). A break above 3070 however targets 3086/90 before the September/August high at 3100/03.