EU Stocks 50
Short
Updated

EUROSTOXX reversal

103
EuroStoxx 50 reversing.
  • Reached the (A)-(B) 161.80% target, and turned around.
  • Topped the rising wedge lines that start on the 2019 highs and the 2020 lows.
  • Weekly RSI with negative momentum since may
  • Short term, PT 4500 area, prior 2021 and 2023 highs

Note
moving sideways, not making higher highs
Note
breaking to the downside the sideways box, next PT 4500/4400

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