EUROSTOXX 50 FUTURE Sep18 : The gap has been tested, we wait for the trend to resume.
A correction is underway. The trend is not bearish anymore as the previous significant peak has been passed, but it is not yet bullish. We do not have two ascending peaks and troughs. The trend is neutral.Arguments :
- The support has been reached, it causes the bounce.
- The descending resistance has been reached, price reaction is very shy. It does not justify a negative opinion.
- The moving average is supporting prices.
- The gap has been tested, we wait for the trend to resume.
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