Elliott Wave View: Eurostoxx (STOXX) Pullback Should Find Support
Short Term Elliott Wave View in Eurostoxx (STOXX) suggests that rally from 11.19.2024 low is unfolding as a 5 waves impulse. Up from 11.19.2024 low, wave (i) ended at 5036.24. Pullback in wave (ii) unfolded as a zigzag Elliott Wave structure. Down from wave (i), wave a ended at 4966.44 and wave b ended at 5031.56. Wave c lower ended at 4920.64 which completed wave (ii) in higher degree. The Index resumed higher in wave (iii) towards 5260.28 and pullback in wave (iv) ended at 5131.76.
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