News: 959 there is a bulish head and shoulder on dax , neckline 6025/30, and stoxx 2305/2307.
(Categoria: equities EU)
Inviato da Antonio Lengua
mar 08 novembre 2011 - 09:59:51

quiet morning so far.
volumes in dax and stoxx are in the middle-low range (out of the the apsta 55 sessions, 39 has higher traded volumes than today).
there is a bulish head and shoulder on dax , neckline 6025/30, and stoxx 2305/2307. The target of the HS is 6151 and  2152 stoxx

european equities, and in particular italian ftmib, behaved quite well ysday, if compared to the turmoil on italian BTP. The strength of ftmib was really shocking.

The bias is bullish, markets well supported by yesterday volume areaa, 2274 POC stoxx + 5934 poc dax.



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