STOXX50 is breaking to the downside
STOXX50 is retesting the previously broken downside resistance 3850. A rejection here would lead to an extended downside continuation targeting 3250. Price action is bearish, so you can see this bounce and retest just a chance to short for the downside extension.
Note: look for the short trade entries with the stop loss above 3900
“If you think Investing is risky, wait till you receive a bill for not Investing!” Jim Rohn
REAL-TIME TRADERS EDUCATION! TRADER’S CLASSROOM ONLY $69 PER MONTH!
