EUSTX50 _ Pure structure trade ! The turning point would be between 2980 and 3010 , due to strong structure levels as horizontal and lines support and resistance are all consolidate at the same zone. Shortby OsamaAbouzeid5
Eurostoxx50 OutlookGood morning traders, EUSTX50 seems ready for bullish continuation after double bottom and looking at Ichimoku supports the idea. So Long with SL @ 2850 US Stocks and German DAX also bullish. Good luck, comments welcome ! You can subscribe to my mailing list for FX Alerts : eepurl.com 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis simple 5. Start small and increase exposure when trend is confirming your analysis 6. The hard trade is the right trade Josep PocallesLongby Realisto_FX6
EURO STOXXForming a Bearish Gartley Pattern, finding resistance around the .786XA mark which is also the area of the AB=CD. !.27 BC projection makes up the bottom area of the price reversal zone. Awaiting price action and confirmation. Any Comments?Shortby AlexBetts1
MOY0 - EURO STOXX 50 LAST LEG UP BEFORE A BIG DROPEuro stoxx 50 is in the last leg up of a corrective structure, so i'm expecting a new strong leg down to the monthly lower trendline. Bullish divergence for the ABC correction.Shortby cantestogo4
EURO STOXX 50 short term buying oppurtunityBy identifying support and resistance and a solidifying uptrend there are bullish opportunities available. TP of 2974 can be achieved if my prediction is correct with an SL of 2955.Longby hsa25013
EUSTX50 long!!Weekly: At support and mac-d divergence. But it is in downtrend Daily: Macd cross and daily above kijun. I had small long yesterday and will add on pullback. Longby xChampi0nx1
EUSTX50 long!!!Took a long yesterday on this too. Weekly is finding supp in highlighted zone and divergences in macd osc. Daily has macd cross as well .Took 0.5 unit so far and if it works, will add more. Lets see how it plays out...Longby xChampi0nx1
Short term picture improved a bit, long term unchangedWeekly: - Ichimoku is still bearish. It will be less bearish if price climbs above Kijun at 2900. - Trend is bearish in a big way. For a real trend reversal market should trade above 3100 and finally above 3180! Then we could talk about a bull market. - Heikin-Ashi signal is slightly counter bullish, the question is haDelta -> will it be able to move above zero? If yes, then Bulls can get more confidence to test 3000+ - EWO is bearish Daily: - Previous Head & Shoulders completed, and interesting that it did so with a possible double bottom. From a higher local low Price is now testing equilibrium zone at 2857-2887. If Bulls hold above Kijun Sen for few more days, then chance to see 3000+. - Heikin-Ashi signal is swing bullish - EWO is bearish Maybe I am wrong, but somehow I just can't convince myself to buy this index... at least not yet. by Kumowizard5
Euro Stoxx 50: Conditional ShortThis index is already way off its highs. But, if it drops it a bit lower and then advances to the 3300 area I would likely short it with the hopes of eventually visiting a level just below 2200. It sounds aggressive and it is but the first wave down is in the 1000 point area. In my mind the European Monetary Union is a messy minefield and, to an extent, I would be shorting the EMU financial sector as close to 25% of the index comprises such companies which is fine with me. 20/20 I wish I could have recently shorted Chinese and Italian banks. But pulling the trigger will depend upon the prevailing political circus and ECB policies and prospective policies. A waiting game.Shortby Quantum_Maryland_Capital3
EUSTX50i think am on correct way , 50% , line S/R and Pin Bar , have a profitly tradeShortby TrendoBoom223
Bullish? Is it Bullish?For sure it looks less bearish now after two days of massive short covering. Bit it is NOT bullish at all! Weekly: - Ichimoku setup -> Bearish - Major trend is bearish! - Heikin-Ashi shows indecision so far this week. haDelta up to zero, but its SMA3 is still below. - upper key supp/res is Kijun Sen at 2993. Lower bearish resistance is 2800. - EWO is bearish Daily: - Ichimoku setup still has a bearish bias! Price retesting Kijun and forward Senkou B. This setup can not turn bullish until Price trades below 3000-3050. - Heikin-Ashi is swing bullish, with strong momentum in last 4 days. But Price reached important support resistance zone, and haDelta hits a relative high level. Momentum will most likely slow down here in comeing days. - EWO is bearish Brexit or Bremain? In case of Bremain we can see strong rally to 3200... but in case of Brexit... well I doubt 2800 will help anybody who is left long. As I wrote before on Twitter, not Brexit odds and polls what are important here. I think the question is which position can people stop easier and what would cause the bigger pain? Since most of bears got grilled in last few days, how do you think the liquidity is going to be in case of a "Leave" outcome? How do you think the whole world which is naturally massive long in equities would be able to exit? On the opposite side, I think it would be lot easier to cover shorts, or there will be still enough time and good levels to enter longs again if you wish. I think the better risk/reward is to keep neutral or small short position before the vote. But not long! Being long risk is a gambling here! Shortby Kumowizard224
Relief Rally In Global EquitiesGlobal Equities are experiencing a relief rally after a bizarre turn on events. For some reason, the brazen murder of British M.P Jo Cox turned the increasingly large "leave" vote around, and the "remain" vote regained the led heading into Thursday's Brexit vote. The Euro Stoxx 50 Index jumped off of technical support of 2,814 but still remains in a clear downtrend of 2015's bubble-high of 3,837. Since last year's top, the index has made several lower-lows, and the current trend from the bear market bottom has etched out two clear lower-highs. Given the state of the brief risk aversion seen last week as the "leave" vote took a pronounced lead, global were "due" for a rebound. As alerted earlier last week, the near-term momentum was set for a shift: twitter.com If you look across European equities, the prospects are not turning out like many thought. In regards to the Euro Stoxx 50, price action does not get interesting until a close above the near-term, broken uptrend AND prevailing downtrend is confirmed. The 200-day EMA will be a key pivot point. The index has not been able to trade above this dynamic resistance since last December. Wait for price to trade into resistance near 3,000/025. MacroView does not expect Britain to leave the European Union, but there are far too many risks to get excited about. Check out Bloomberg's Brexit tracker, currently showing a small Brexit lead. For more information on MacroView's products, or general questions and comments, feel free to message us. Also, readers are encouraged to post their thoughts and charts! Follow MacroView CoFounders on TWTR1.45% @Lemieux_26 and @EconomicHedge by MacroView_Research3
EUSTX50 - STOXX50 Building a Nice ChannelIf you like my Idea please click that Like button. Thanks and best of luck trading!by NearDrowning8
BAT BULLISHpersonally, I don't trade this Indices. I'm sorry if then doesn't work properly, just share some thought. know what you do and take care :) Longby KadhijahUpdated 12