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Steve Lucas
  • Steve Lucas

EUROSTOXX - weak bounce over, bearish sentiment to resume

​SEP'17 contract - Bearish signals for EUROSTOXX on the week and for Thursday have been confirmed, investors selling into the last 3 day rally and for sentiment to deteriorate by just over 50 Pts on the day overall. However, the dip continues to attract buyers, yesterday from close to last week's 3425 base, sentiment recovering by 33 Pts from the bottom. Despite this signals continue to point lower and although there is the potential for further temporary bounces the outlook for Friday is to s...

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