EUROSTOXX50 Fut. Bull Cycle Extends
Nov-12 15:20By: Taso Anastasiou
- A medium-term bull trend in EUROSTOXX 50 futures remains intact.
- The contract has traded through resistance at 5742.00, the Oct 29 high to confirm a resumption of the uptrend.
- This paves the way for an extension within the bull channel.
- On the downside, initial firm support is seen at levels around the 20-day EMA.
