EUROSTOXX 50

EUROSTOXX 50: The technical situation is largely uncertain


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Below 3467.03 PTS the EUROSTOXX 50 is evolving toward 3234.04 PTS over the short term. The clearing of 3467.03 PTS would invalidate this opinion and open the door for 3533.59 PTS.

Opinion Short Term

• Negative
  
• Resistance 1 £3,433.74
  
• Support 1 £3,234.04
  

Opinion Medium Term

• Bearish
  
• Resistance 2 £3,467.03
  
• Support 2 £3,167.48
  

The MACD is positive but lower than its signal line. The dynamic in progress has been interrupted. If the MACD were to turn negative, the price correction could continue. Powerful indicators like the RSI, are not giving us any particular indications in the short term. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are less than the average volumes over the last 10 days.

The index is positioned to the upside. It is above its 50-day moving average. The position of the 20-day moving average (higher than the 50-day moving average) means that this index is reliable in the medium term. The first buy levels are on the supports situated at 3234.04 PTS, then at 3167.48 PTS; only the resistances, placed at 3433.74 PTS, then at 3467.03 PTS, could contain the prices.

EUROSTOXX 50: The bearish trend can resume
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Below 3197.8 PTS the major trend remains bearish 2867.96 PTS and then 2812.99 PTS are in the line of sight. The surpassing of 3197.8 PTS would cancel this anticipation and favor a recovery toward 3252.78 PTS.

Opinion Short Term

• Negative
  
• Resistance 1 £3,197.80
  
• Support 1 £2,867.96
  

Opinion Medium Term

• Bearish
  
• Resistance 2 £3,252.78
  
• Support 2 £2,812.99
  

The MACD is negative and lower than its signal line. This configuration is damaging the index perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. At less than 20, the Stochastics are extermely low. The volumes traded are less than the average volumes over the last 10 days.

The index is oriented to the downside. It is under its 50-day moving average located at 3193.07. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 2867.96 PTS and the next is at 2812.99 PTS; the resistances, located at 3197.8 PTS and at 3252.78 PTS must be exceeded for the trend to undergo a reversal.

EUROSTOXX 50: Possible pull back on supports

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Above 3048.23 PTS the EUROSTOXX 50 is heading toward 3308.35 PTS over the short term. Below 3048.23 PTS the movement would reverse and then correct toward 2983.2 PTS.

Opinion Short Term

• Negative
  
• Resistance 1 £3,308.35
  
• Support 1 £3,113.26
  

Opinion Medium Term

• Bearish
  
• Resistance 2 £3,340.87
  
• Support 2 £3,048.23
  

The MACD is negative but is situated above its signal line: the trend is changing. Now, the MACD must clear zero for the rise to continue in the coming days. The main indicator of the movement's strength (RSI) shows that the technical situation is quite healthy, as it is not overbought. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

The index is oriented to the downside. It is under its 50-day moving average located at 3222.58. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 3113.26 PTS and the next is at 3048.23 PTS; the resistances, located at 3308.35 PTS and at 3340.87 PTS must be exceeded for the trend to undergo a reversal.

EUROSTOXX 50: The bearish trend can resume

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Below 3243.29 PTS the major trend remains bearish 2987.65 PTS and then 2902.44 PTS are in the line of sight. The surpassing of 3243.29 PTS would cancel this anticipation and favor a recovery toward 3328.51 PTS.

Opinion Short Term

• Negative
  
• Resistance 1 £3,243.29
  
• Support 1 £2,987.65
  

Opinion Medium Term

• Bearish
  
• Resistance 2 £3,328.51
  
• Support 2 £2,902.44
  

The MACD is negative and lower than its signal line. This configuration is damaging the index perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

The index is oriented to the downside. It is under its 50-day moving average located at 3328.93. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 2987.65 PTS and the next is at 2902.44 PTS; the resistances, located at 3243.29 PTS and at 3328.51 PTS must be exceeded for the trend to undergo a reversal.

EUROSTOXX 50: The bullish signals are intact

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Above 3317.08 PTS the major trend remains bullish. 3557.8 PTS and 3605.94 PTS are in the line of sight. The breaking of 3317.08 PTS would cancel this anticipation and favor a correction toward 3268.94 PTS.

INDICATOR
Opinion Short Term

• Negative
  
• Resistance 1 £3,557.80
  
• Support 1 £3,317.08
  

Opinion Medium Term

• Bearish
  
• Resistance 2 £3,605.94
  
• Support 2 £3,268.94
  

STATISTICS

• Last Price 3399.2 PTS
  
• MACD 6.24
  
• MA 20 3365.23
  
• MA 50 3416.63
  
• Stochastics 88.07
  
• RSI 51.11
  

The MACD is positive and above its signal line. This configuration confirms the sound positioning of the index. We can see that the bullish potential of the RSI has not been exhausted. As for the Stochastics, they are in the overbought area, making a correction likely in the short term. The volumes traded are less than the average volumes over the last 10 days.

Since the recent low at 3293.36 PTS the index has been in a phase of technical recovery towards its 50-day moving average located at 3416.63: the price reaction on this level will allow us to envisage a continuation of the movement in the medium term. To alleviate this position, we could wait to test the short-term resistances located at 3557.8 PTS and 3605.94 PTS. The supports are at 3317.08 PTS then at 3268.94 PTS .

Below 3387.17 PTS the major trend remains bearish 3186.77 PTS and then 3136.67 PTS are in the line of sight. The surpassing of 3387.17 PTS would cancel this anticipation and favor a recovery toward 3437.27 PTS.

Opinion Short Term

• Negative
  
• Resistance 1 3,387.17
  
• Support 1 3,186.77
  

Opinion Medium Term

• Bearish
  
• Resistance 2 3,437.27
  
• Support 2 3,136.67
  

Statisitcs

• Last Price 3309.28 PTS
  
• MACD -35.29
  
• MA 20 3387.17
  
• MA 50 3435.66
  
• Stochastics 9.51
  
• RSI 32.45
  

The MACD is negative and lower than its signal line. This configuration is damaging the index perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. At less than 20, the Stochastics are extermely low. The volumes traded are more than the average volumes over the last 10 days.

The index is oriented to the downside. It is under its 50-day moving average located at 3435.66. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 3186.77 PTS and the next is at 3136.67 PTS; the resistances, located at 3387.17 PTS and at 3437.27 PTS must be exceeded for the trend to undergo a reversal.

EUROSTOXX 50: The bearish trend can resume

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Below 3503.88 PTS the major trend remains bearish 3306.41 PTS and then 3266.91 PTS are in the line of sight. The surpassing of 3503.88 PTS would cancel this anticipation and favor a recovery toward 3582.88 PTS.
Opinion Short Term

• Negative
  
• Resistance 1 3,503.88
  
• Support 1 3,306.41
  

Opinion Medium Term

• Bearish
  
• Resistance 2 3,582.88
  
• Support 2 3,266.91
  

Statistics:

• Last Price 3394.99 PTS
  
• MACD -10.76
  
• MA 20 3424.89
  
• MA 50 3442.17
  
• Stochastics 50.18
  
• RSI 41.59
  

The MACD is negative and lower than its signal line. This configuration is damaging the index perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

The index is oriented to the downside. It is under its 50-day moving average located at 3442.17. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 3306.41 PTS and the next is at 3266.91 PTS; the resistances, located at 3503.88 PTS and at 3582.88 PTS must be exceeded for the trend to undergo a reversal.

EUROSTOXX 50: Possible pull back on supports



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Above 3266.03 PTS the EUROSTOXX 50 is heading toward 3551.77 PTS over the short term. Below 3266.03 PTS the movement would reverse and then correct toward 3225.21 PTS.

Indicator:
-*- Opinion Short Term
-*- Negative
-*- Resistance 1 3,551.77
-*- Support 1 3,347.67

Opinion Medium Term:
-*- Bearish
-*- Resistance 2 3,592.59
-*- Support 2 3,266.03

Statistics:
-*- Last Price 3392.9 PTS
-*- MACD -8.88
-*- MA 20 3429.31
-*- MA 50 3441.65
-*- Stochastics 62.76
-*- RSI 41.09

The MACD is negative but is situated above its signal line: the trend is changing. Now, the MACD must clear zero for the rise to continue in the coming days. The main indicator of the movement's strength (RSI) shows that the technical situation is quite healthy, as it is not overbought. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are less than the average volumes over the last 10 days.


The index is oriented to the downside. It is under its 50-day moving average located at 3441.65. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 3347.67 PTS and the next is at 3266.03 PTS; the resistances, located at 3551.77 PTS and at 3592.59 PTS must be exceeded for the trend to undergo a reversal.

EUROSTOXX 50: Wait for a test of the support

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Above 3309.33 PTS the EUROSTOXX 50 is heading toward 3558.23 PTS over the short term. Below 3309.33 PTS the movement would reverse and then correct toward 3267.85 PTS.

The MACD is negative but is situated above its signal line: the trend is changing. Now, the MACD must clear zero for the rise to continue in the coming days. The main indicator of the movement's strength (RSI) shows that the technical situation is quite healthy, as it is not overbought. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

The index is oriented to the downside. It is under its 50-day moving average located at 3442.63. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 3350.82 PTS and the next is at 3309.33 PTS; the resistances, located at 3558.23 PTS and at 3599.72 PTS must be exceeded for the trend to undergo a reversal.

EUROSTOXX 50: The analysis does not suggest a drop in the medium term

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As long as 3309.14 PTS remains a support, the movement may join 3562.25 PTS over the short term. The breaking of 3309.14 PTS would invalidate this opinion and open the door for 3266.96 PTS.

The MACD is negative but is situated above its signal line: the trend is changing. Now, the MACD must clear zero for the rise to continue in the coming days. The RSI is above 50, this confirms the sound positioning of the index The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are less than the average volumes over the last 10 days.

The index is in a phase of technical recovery. It is above its 50-day moving average but the latter is poorly positioned. In the event of a correction, the first support is at 3351.33 PTS, before a test of 3309.14 PTS in the case of a breach. To the upside, the resistance at 3562.25 PTS is intermediary before the strong level of 3604.44 PTS.

Under these resistances, a consolidation is likely

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INDICATOR

• Opinion Short Term Negative
  
• Resistance 1 3417.57PTS
  
• Support 1 3150.45PTS
  
• Opinion Mid Term Bearish
  
• Support 2 3105.93PTS
  
• Resistance 2 3506.61PTS
  

STRATEGY
Below 3417.57 PTS the major trend remains bearish 3150.45 PTS and then 3105.93 PTS are in the line of sight. The surpassing of 3417.57 PTS would cancel this anticipation and favor a recovery toward 3506.61 PTS.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the index perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are less than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The index is oriented to the downside. It is under its 50-day moving average located at 3443.22. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 3150.45 PTS and the next is at 3105.93 PTS; the resistances, located at 3417.57 PTS and at 3506.61 PTS must be exceeded for the trend to undergo a reversal.

Wait for a test of the support
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INDICATOR
Opinion Short Term Positive
Resistance 1 3549.06PTS
Support 1 3304.76PTS
Opinion Mid Term Bearish
Support 2 3234.96PTS
Resistance 2 3583.96PTS

STRATEGY
Above 3234.96 PTS the EUROSTOXX 50 is heading toward 3549.06 PTS over the short term. Below 3234.96 PTS the movement would reverse and then correct toward 3165.16 PTS.

SUMMARY
The MACD is negative but is situated above its signal line: the trend is changing. Now, the MACD must clear zero for the rise to continue in the coming days. The main indicator of the movement's strength (RSI) shows that the technical situation is quite healthy, as it is not overbought. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are less than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The index is oriented to the downside. It is under its 50-day moving average located at 3497.36. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 3304.76 PTS and the next is at 3234.96 PTS; the resistances, located at 3549.06 PTS and at 3583.96 PTS must be exceeded for the trend to undergo a reversal.

Possible pull back on supports
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INDICATOR

• Opinion Short Term Positive
  
• Resistance 1 3551.42PTS
  
• Support 1 3301.14PTS
  
• Opinion Mid Term Bearish
  
• Support 2 3265.38PTS
  
• Resistance 2 3587.17PTS
  

STRATEGY
Above 3265.38 PTS the EUROSTOXX 50 is heading toward 3551.42 PTS over the short term. Below 3265.38 PTS the movement would reverse and then correct toward 3193.88 PTS.

SUMMARY
The MACD is negative but is situated above its signal line: the trend is changing. Now, the MACD must clear zero for the rise to continue in the coming days. The main indicator of the movement's strength (RSI) shows that the technical situation is quite healthy, as it is not overbought. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are less than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The index is oriented to the downside. It is under its 50-day moving average located at 3499.73. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 3301.14 PTS and the next is at 3265.38 PTS; the resistances, located at 3551.42 PTS and at 3587.17 PTS must be exceeded for the trend to undergo a reversal.

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INDICATOR
Opinion Short Term Negative
Resistance 1 3663.7PTS
Support 1 3445.7PTS
Opinion Mid Term Bearish
Support 2 3409.37PTS
Resistance 2 3700.03PTS

STRATEGY
Below 3663.7 PTS the major trend remains bearish 3445.7 PTS and then 3409.37 PTS are in the line of sight. The surpassing of 3663.7 PTS would cancel this anticipation and favor a recovery toward 3700.03 PTS.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the index perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are less than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The index is oriented to the downside. It is under its 50-day moving average located at 3597.18. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 3445.7 PTS and the next is at 3409.37 PTS; the resistances, located at 3663.7 PTS and at 3700.03 PTS must be exceeded for the trend to undergo a reversal.

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INDICATOR
Opinion Short Term Positive
Resistance 1 3662.66PTS
Support 1 3468.18PTS
Opinion Mid Term Bearish
Support 2 3415.14PTS
Resistance 2 3715.7PTS

STRATEGY
Above 3415.14 PTS the EUROSTOXX 50 is heading toward 3662.66 PTS over the short term. Below 3415.14 PTS the movement would reverse and then correct toward 2678.09 PTS.

SUMMARY
The MACD is negative but is situated above its signal line: the trend is changing. Now, the MACD must clear zero for the rise to continue in the coming days. The main indicator of the movement's strength (RSI) shows that the technical situation is quite healthy, as it is not overbought. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are less than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The index is oriented to the downside. It is under its 50-day moving average located at 3598.2. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 3468.18 PTS and the next is at 3415.14 PTS; the resistances, located at 3662.66 PTS and at 3715.7 PTS must be exceeded for the trend to undergo a reversal.

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INDICATOR
Opinion Short Term Positive
Resistance 1 3698.01PTS
Support 1 3503.64PTS
Opinion Mid Term Bearish
Support 2 3450.63PTS
Resistance 2 3751.03PTS

STRATEGY
Above 3450.63 PTS the EUROSTOXX 50 is heading toward 3698.01 PTS over the short term. Below 3450.63 PTS the movement would reverse and then correct toward 3397.62 PTS.

SUMMARY
The MACD is negative but is situated above its signal line: the trend is changing. Now, the MACD must clear zero for the rise to continue in the coming days. The main indicator of the movement's strength (RSI) shows that the technical situation is quite healthy, as it is not overbought. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are less than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The index is oriented to the downside. It is under its 50-day moving average located at 3598.9. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 3503.64 PTS and the next is at 3450.63 PTS; the resistances, located at 3698.01 PTS and at 3751.03 PTS must be exceeded for the trend to undergo a reversal.

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INDICATOR
Opinion Short Term Neutral
Resistance 1 3695.12PTS
Support 1 3488.9PTS
Opinion Mid Term Bearish
Support 2 3437.35PTS
Resistance 2 3746.67PTS

STRATEGY
As long as 3437.35 PTS remains a support, the movement may join 3695.12 PTS over the short term. The breaking of 3437.35 PTS would invalidate this opinion and open the door for 3402.98 PTS.

SUMMARY
The MACD is negative but is situated above its signal line: the trend is changing. Now, the MACD must clear zero for the rise to continue in the coming days. The RSI is above 50, this confirms the sound positioning of the index The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
Since the recent low at 3527.55 PTS the index has been in a phase of technical recovery towards its 50-day moving average located at 3599.99: the price reaction on this level will allow us to envisage a continuation of the movement in the medium term. To alleviate this position, we could wait to test the short-term resistances located at 3695.12 PTS and 3746.67 PTS. The supports are at 3488.9 PTS then at 3437.35 PTS .

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INDICATOR
Opinion Short Term Neutral
Resistance 1 3643.21PTS
Support 1 3471.88PTS
Opinion Mid Term Neutral
Support 2 3420.48PTS
Resistance 2 3677.48PTS

STRATEGY
As long as 3420.48 PTS remains a support, the movement may join 3643.21 PTS over the short term. The breaking of 3420.48 PTS would invalidate this opinion and open the door for 2707.06 PTS.

SUMMARY
The MACD is negative but is situated above its signal line: the trend is changing. Now, the MACD must clear zero for the rise to continue in the coming days. The RSI is above 50, this confirms the sound positioning of the index The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The index is in a phase of technical recovery. It is above its 50-day moving average but the latter is poorly positioned. In the event of a correction, the first support is at 3471.88 PTS, before a test of 3420.48 PTS in the case of a breach. To the upside, the resistance at 3643.21 PTS is intermediary before the strong level of 3677.48 PTS.

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INDICATOR
Opinion Short Term Positive
Resistance 1 3649.13PTS
Support 1 3495.43PTS
Opinion Mid Term Bearish
Support 2 3449.31PTS
Resistance 2 3695.24PTS

STRATEGY
Above 3449.31 PTS the EUROSTOXX 50 is heading toward 3649.13 PTS over the short term. Below 3449.31 PTS the movement would reverse and then correct toward 2670.4 PTS.

SUMMARY
The MACD is negative but is situated above its signal line: the trend is changing. Now, the MACD must clear zero for the rise to continue in the coming days. The main indicator of the movement's strength (RSI) shows that the technical situation is quite healthy, as it is not overbought. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The index is oriented to the downside. It is under its 50-day moving average located at 3600.35. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 3495.43 PTS and the next is at 3449.31 PTS; the resistances, located at 3649.13 PTS and at 3695.24 PTS must be exceeded for the trend to undergo a reversal.

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INDICATOR
Opinion Short Term Neutral
Resistance 1 3643.19PTS
Support 1 3492.15PTS
Opinion Mid Term Bearish
Support 2 3446.83PTS
Resistance 2 3688.51PTS

STRATEGY
As long as 3446.83 PTS remains a support, the movement may join 3643.19 PTS over the short term. The breaking of 3446.83 PTS would invalidate this opinion and open the door for 3416.62 PTS.

SUMMARY
The MACD is negative but is situated above its signal line: the trend is changing. Now, the MACD must clear zero for the rise to continue in the coming days. The RSI is above 50, this confirms the sound positioning of the index The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are less than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
Since the recent low at 3527.55 PTS the index has been in a phase of technical recovery towards its 50-day moving average located at 3603.13: the price reaction on this level will allow us to envisage a continuation of the movement in the medium term. To alleviate this position, we could wait to test the short-term resistances located at 3643.19 PTS and 3688.51 PTS. The supports are at 3492.15 PTS then at 3446.83 PTS .

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INDICATOR
Opinion Short Term Positive
Resistance 1 3644.26PTS
Support 1 3460.73PTS
Opinion Mid Term Bearish
Support 2 3430.14PTS
Resistance 2 3674.84PTS

STRATEGY
Above 3430.14 PTS the EUROSTOXX 50 is heading toward 3644.26 PTS over the short term. Below 3430.14 PTS the movement would reverse and then correct toward 2679.85 PTS.

SUMMARY
The MACD is negative but is situated above its signal line: the trend is changing. Now, the MACD must clear zero for the rise to continue in the coming days. The main indicator of the movement's strength (RSI) shows that the technical situation is quite healthy, as it is not overbought. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
Since the recent low at 3527.55 PTS the index has been in a phase of technical recovery towards its 50-day moving average located at 3603.2: the price reaction on this level will allow us to envisage a continuation of the movement in the medium term. To alleviate this position, we could wait to test the short-term resistances located at 3644.26 PTS and 3674.84 PTS. The supports are at 3460.73 PTS then at 3430.14 PTS .

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INDICATOR
Opinion Short Term Negative
Resistance 1 3660.39PTS
Support 1 3479.12PTS
Opinion Mid Term Bearish
Support 2 3442.87PTS
Resistance 2 3696.64PTS

STRATEGY
Below 3660.39 PTS the major trend remains bearish 3479.12 PTS and then 3442.87 PTS are in the line of sight. The surpassing of 3660.39 PTS would cancel this anticipation and favor a recovery toward 3696.64 PTS.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the index perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The index is oriented to the downside. It is under its 50-day moving average located at 3603.01. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 3479.12 PTS and the next is at 3442.87 PTS; the resistances, located at 3660.39 PTS and at 3696.64 PTS must be exceeded for the trend to undergo a reversal.

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INDICATOR
Opinion Short Term Negative
Resistance 1 3651.91PTS
Support 1 3471.12PTS
Opinion Mid Term Bearish
Support 2 3419.46PTS
Resistance 2 3703.57PTS

STRATEGY
Below 3651.91 PTS the major trend remains bearish 3471.12 PTS and then 3419.46 PTS are in the line of sight. The surpassing of 3651.91 PTS would cancel this anticipation and favor a recovery toward 3703.57 PTS.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the index perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The index is oriented to the downside. It is under its 50-day moving average located at 3602.88. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 3471.12 PTS and the next is at 3419.46 PTS; the resistances, located at 3651.91 PTS and at 3703.57 PTS must be exceeded for the trend to undergo a reversal.

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INDICATOR

• Opinion Short Term Negative
  
• Resistance 1 3700.72PTS
  
• Support 1 3506.43PTS
  
• Opinion Mid Term Bearish
  
• Support 2 3467.57PTS
  
• Resistance 2 3739.57PTS
  

STRATEGY
Below 3700.72 PTS the major trend remains bearish 3506.43 PTS and then 3467.57 PTS are in the line of sight. The surpassing of 3700.72 PTS would cancel this anticipation and favor a recovery toward 3739.57 PTS.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the index perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The index is oriented to the downside. It is under its 50-day moving average located at 3601.43. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 3506.43 PTS and the next is at 3467.57 PTS; the resistances, located at 3700.72 PTS and at 3739.57 PTS must be exceeded for the trend to undergo a reversal.

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INDICATOR
Opinion Short Term Negative
Resistance 1 3678.14PTS
Support 1 3506.39PTS
Opinion Mid Term Bearish
Support 2 3463.45PTS
Resistance 2 3721.08PTS

STRATEGY
Below 3678.14 PTS the major trend remains bearish 3506.39 PTS and then 3463.45 PTS are in the line of sight. The surpassing of 3678.14 PTS would cancel this anticipation and favor a recovery toward 3721.08 PTS.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the index perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are less than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The index is oriented to the downside. It is under its 50-day moving average located at 3601.7. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 3506.39 PTS and the next is at 3463.45 PTS; the resistances, located at 3678.14 PTS and at 3721.08 PTS must be exceeded for the trend to undergo a reversal.