Short term view - PERSONAL & HOUSEHOLD GOODS (STXE600) : The falling moving average confirms our opinion.
The trend is momentarily interrupted by a consolidation on a shorter time horizon but prices remain below the invalidation level at 828.24 pts. It can resume at anytime towards the target at 744.54 pts.Arguments :
- The falling moving average confirms our opinion.
- Prices are evolving within an descending channel.
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