EU BANKS| DOWNTREND | CHOP AHEAD | A solvency crisis incoming?Short chart idea about EU banks.
Expecting choppy times ahead. Currently, at the bottom of the downtrend.
I do not think that the worst case scenario is likely, although can never underestimate the strength of a potential domino effect to a solvency crisis. You can see the probable bottoms from
EUROSTOXXBANKS ut M ideaEUROSTOXXBANKS ut M idea
"Well someone told me yesterday
That when you throw your love away
You act as if you just don't care
You look as if you're going somewhere
But I just can't convince myself
I couldn't live with no one else
And I can only play that part
And sit and nurse my broken heart
S
European Banking positioning for major declinesEuro interest rates are negative and the curve remains flat with no end in sight. This is destructive to net interest margin and the sustainability of European banks. Investors are stepping away from bank shares, having sold throughout 2018 and prices are back to 2009, 2012, and 2016 levels. Euro
FESB1! (Euro Bank Index) - 85% Cyclical Short Trade? *smh*How does a bank make money when real interest rates are negative?
***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at YOUR OWN RISK
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
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Frequently Asked Questions
The current price of EURO STOXX Banks Futures is 169.05 EUR — it has fallen −0.97% in the past 24 hours. Watch EURO STOXX Banks Futures price in more detail on the chart.
Track more important stats on the EURO STOXX Banks Futures chart.
The nearest expiration date for EURO STOXX Banks Futures is Dec 19, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell EURO STOXX Banks Futures before Dec 19, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For EURO STOXX Banks Futures this number is 10.82 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for EURO STOXX Banks Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for EURO STOXX Banks Futures. Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of EURO STOXX Banks Futures technicals for a more comprehensive analysis.