FESX1! trade ideas
The European Giant is at a consolidation periodAfter the huge drop in the beginning of the week, the market couldn't recover from the sudden shock it received, instead it kept consolidating forming a whipsaw closing the week with uncertainty.
We may see a waking up of the market by the start of the new week but since there is US presidential elections next week, things may go either great or worse.
The European giant is continuing to drop downThe market continued to drop down from the beginning of this week making it one of several market that fell during week. We might see more dropping of the market due to France's foreign policy and its conflict with the Arab world specially since France monopolizes the biggest part in the Eurostoxx50 which negatively affected the rest of the participating countries in this giant stock market.
EURO STOXX WEEKLY OUTLOOKFESX EUROSTOXX FUTS
Weekly
Euro Stoxx like the DAX continue to show the same sideways indecision irrespective of the US EQUITY market. We continue to wait for BREXIT EU discussion for potential catalyst to give these markets direction
Technicals on the weekly point to a GAP RISK point of interest at 3118
This would give only trigger with a breakdown through 3243
Alternatively we need to see a 3435 retest for upside scope to retest ATH. BREXIT and Stimulus likely to play a key role in direction moving forward.
The Giant continued its collapse todayAfter the fall of yesterday, the.Eurostoxx50 continued to move downward especially after crossing the 3112 barrier that the price retraced from, giving the bears the leads to take market down being supported with high volume that confirmed fall.
The European Giant gave us a great Short trade yesterdayThe market showed its intention to go bearish at the opening with significant rise of volume, then reversed for a while. But when the price broke the 3136 area, it got momentum and could move downward heavily the rest of the day.
Congratulations champs!
STOXX 50 2H outlook
We see STOXX 50 attempting to fill the gap on the upside inflection. 3140 re-breach implies near-term fill in towards 3170
Failure to retain 3126 opens downside acceleration towards 3100 psych figure
We're moving forward to reach our targetAs i said earlier, once the price breaks the 3169 zone it may move forward giving us more profits. Stay in your trade and keep an eye on market.
You can definitely buy the Eurostoxx50As i said earlier, the price broke the important resistance zone and is moving forward giving us beautiful profits but i do not expect the price to move over 3182. Good luck every one!
The European Giant may move upward heavlyThe market started strong by pushing down as the bears entered the market with high volumes to put a great impact on the market, but the bulls have squeezed the sellers at 3138 giving a feeling that the market may reverse go heavily upward. But the price should break a very important area in order to continue its way upward which is 3169, and if the price could break it we may see a beautiful long trade.
A great trade on the European giant this morningThe price could break a very strong area at 3217 and then moved downward heavily with the support of big volumes, giving us a great opportunity to enter at 3214 and then exit the trade profitably at 3175. Congratulations champs!
A strong bullish move of the giantI see a strong inclination of the market to go bullish since it already broke a resistance zone at 3227 and it is supported with a significant awakening in the volume. Once the green volume explodes, we will see a beautiful long trade but you should watch for the resistance zone at 3255 that might reverse the market.
A strong momentum in the market in this very morningthe market woke up with a very strong volume for the favor to the bulls giving them the lead to raise the price upper. The break of the 3252 point gave us a strong feeling that the market has an intention to go bullish but it has to break another strong point at 3287. Otherwise, we will see a strong resistance from the bears to go bearish.
The Eurostoxx50 did its best of all times last weekI will just give a overview of the behavior of the market for last week's Thursday and Friday as i did not the chance to share my ideas at that time due to my computer issue.
As you can see on the chart, there was a calm both price and volume before the bearish storm started to take the market down giving us a beautiful short trade on the 15th October.
On the 16th October, the market consolidated for a while and then gave us a beautiful explosion in bullish volume preparing us for a strong bullish move that started from 3191 and took us to 3249 giving us a beautiful long trade with a lot of profits!
Congrats champs :)
Make your TP at 3277I think you better get out of the market as there might be a reverse of the price, so make sure to close your trade at 3277!
Congratulations on your winning trade:)
Going to reach our target soon at 3272As i said this morning, the market already gave us a strong buy signal and you better at 2372 but you should be careful as there is a very strong pivot area right above the target at 2373. The price might bounce back from that area and then change direction, but in case it breaks the resistance, the market might go higher.
A significant reaction in the Eurostoxx50 may turn bullish!The market gave a strong volume that lead to a significant bearish move but the price bounced back from the strong support zone at 3267 creating a spring effect showing that the price will move upward giving us a strong buy signal!
After the retracement, the price couldn't break the strong support zone at 3256 giving us another strong buy signal that we should consider when we start seeing a significant volume to push the price upward.
The bears took control of the market today!As you can see from the chart, the price broke an important support zone at 3280 with high volume showing the real intention of the direction of the market. After that the price consolidated for a while to trap the buyers who went long. Then, the price collapsed heavily exceeding 3276 area that was a significant zone to break and went downward giving a beautiful short trade. Sellers would have exited the market at 3258 with beautiful profits!
The Eurotox50 is showing a nice bullish move!I see a bullish configuration signal forming right now that is giving a strong confirmation to buy the market now. Do not miss out!
A beautiful trade on the 30M chart today1As i expected this morning, the market would go up to a certain point and i suggest 3298 with beautiful profits. Thank you everybody for your support. Good luck.
A strong beginning of the Eurostoxx50 this morningI see a forming of a nice bullish configuration that may push the market up. You better buy the market and wait for a better signal to get out.
weekly analysis of DJ EURO STOXX 50 FUTURES Hi friends
the weekly chart of this market shows that it will know with a high probability after the breakout at the level that the next target is 3447
therefore in the medium term there would be an upward trend
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