A significant reaction in the Eurostoxx50 may turn bullish!
The market gave a strong volume that lead to a significant bearish move but the price bounced back from the strong support zone at 3267 creating a spring effect showing that the price will move upward giving us a strong buy signal!
After the retracement, the price couldn't break the strong support zone at 3256 giving us another strong buy signal that we should consider when we start seeing a significant volume to push the price upward.
After the retracement, the price couldn't break the strong support zone at 3256 giving us another strong buy signal that we should consider when we start seeing a significant volume to push the price upward.
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