Trade Alert
If the index makes a further push higher and breaks above the 3185 level, this could mean that the index is ready to travel a bit higher, at least towards the highs seen during mid-November.
Alternatively, if Euro Stoxx 50 retraces back down and breaks below the very short-term tentative upside line, we could start targeting slightly lower levels again.
Please see the chart for details.
Don't forget your SL.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with the Company. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
If the index makes a further push higher and breaks above the 3185 level, this could mean that the index is ready to travel a bit higher, at least towards the highs seen during mid-November.
Alternatively, if Euro Stoxx 50 retraces back down and breaks below the very short-term tentative upside line, we could start targeting slightly lower levels again.
Please see the chart for details.
Don't forget your SL.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with the Company. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.