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Euro Stoxx Longs Need Stops Below Gap At 3283

Published 04/02/2019, 01:04 AM
Updated 07/09/2023, 06:31 AM
STOXX50
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Euro Stoxx Daily Forecast - April 2, 2019

Eurostoxx

Euro Stoxx resistance is at 3318/20 this morning. A break higher meets the recovery set in March at 3338/41. This is obviously the main challenge for bulls today in short term overbought conditions. Shorts need stops above 3350. A break higher targets 3363 and 3368. Above 3370 look for 3388/91.

Failure to beat 3318/20 targets 3309/06 and first support at 3294/90. Longs need stops below the gap at 3283.

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