DAILY MAR'19 EUROSTOXX - Tuesday's trade idea and technicals
Sep'19 Contract – Against a background of signals which are bearish and point to selling rallies, Monday’s trading saw initial gains of 26 Pts attract sellers but for sentiment to close higher on the day. Futures have remained inside Friday’s range, but renewed buying in Asia this morning has improved sentiment. So, with signals pointing temporarily higher the outlook for Tuesday is bullish and the call is to buy on the open and then at 3488, today’s Asia low with a stop loss at 3461, the window which has remained open since June’s close. Targets are to 3507, Friday’s high, 3521/24, the 2 week top and 3542, July’s high trade.
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