Long Europe / Short S&PLong Stoxx600 vs. S&P 500 will probably play catch up with EURUSD soon. Falling Dollar should be bullish for European/Emerging equities but this has not materialised yet.
FXXPU2024 trade ideas
Short on stocks - Exhibit with FXXP in EuropeIt' looking good for short view on this H4 chart, no ?
Look at zone's clusters :
Gap
ABC move
Ascending triangle
Trend line
Medium term channel breaking
Simple indeed ?
STOXX 600 INDEX (SHORT)STOXX 600 INDEX: deflationary pressure will decimate this sector. the Opportunity is SHORT until yellow zone highlighted - strong possibility to go lower, be careful not to fall for the dummy BULL - its a sucker punch!
