EUROSTOXX 50

[You must be registered and logged in to see this image.]
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 .

[You must be registered and logged in to see this image.]

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.

[You must be registered and logged in to see this image.]

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.

[You must be registered and logged in to see this image.]
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 .

[You must be registered and logged in to see this image.]
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 .

[You must be registered and logged in to see this image.]
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.

[You must be registered and logged in to see this image.]
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.

[You must be registered and logged in to see this image.]
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.

[You must be registered and logged in to see this image.]
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.

EUROSTOXX 50 : The bearish trend can resume
Date of analysis 29 November 17

[You must be registered and logged in to see this image.]

INDICATOR
Opinion Short Term Negative
Resistance 1 3655.63PTS
Support 1 3499.49PTS
Opinion Mid Term Neutral
Support 2 3447.44PTS
Resistance 2 3707.68PTS

STRATEGY
Below 3655.63 PTS the major trend remains bearish 3499.49 PTS and then 3447.44 PTS are in the line of sight. The surpassing of 3655.63 PTS would cancel this anticipation and favor a recovery toward 3707.68 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 bullish movement seems to have stopped. The index is under its 50-day moving average located at 3599.81. The first support is at 3499.49 PTS and, in the event of a breach of this level, a continuation of the correction towards 3447.44 PTS is possible; to the upside, the first resistance is at 3655.63 PTS, then the strongest level is at 3707.68 PTS.