Euro Stoxx 50 ST: the bias remains bullish.

Trading Central 2021-02-23 21:12:11

Pivot: 3613.00

Our preference: long positions above 3613.00 with targets at 3800.00 & 3865.00 in extension.

Alternative scenario: below 3613.00 look for further downside with 3540.00 & 3448.00 as targets.

Comment: the RSI is mixed and calls for caution.

Supports and resistances:

3900.00 ***

3865.00 *

3800.00 *

3678.45 Last

3613.00 ***

3540.00 **

3448.00 **

The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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