Report
Matthieu DRIOL
EUR 106.19 For Business Accounts Only

Short term view - Euro Stoxx Banks : The resistance has been reached, it causes the fall.

The previous low has been broken, the bearish trend is confirmed. The next target is at 92.91 pts. The invalidation level is above 113.28 pts.

Arguments :
- The resistance has been reached, it causes the fall.
- The moving average is capping prices.
- Prices are breaking out of the channel.
Provider
Day By Day
Day By Day

​​DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.

Analysts
Matthieu DRIOL

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