Euro Stoxx 50 must hold above 2950/55 for bulls to stay in the game again today, and an open above minor resistance at 2976/80 retargets stronger resistance at 2995/99. Shorts need stops above 3010. A break higher is a short-term buy signal targeting 3025 then 3040/45.
Failure to hold first support at 2955/50 means the outlook is negative in the September bear trend, with a gap to fill at at 2930 then only minor support at 2915/11. A break below 2905 targets 2898/95 then 2885/82 and the August low at 2874.