Technical forecast for Eurostoxx

Euro Stoxx Sep13 broke 2837 & eventually hit the target of 2806/02. We bottomed exactly here & bounced sharply but face resistance at 2838/41. We should turn lower from here to 2828/26 then 2817/15 before a retest of 2807/06. Any longs here today need stops below 2802 for 2793/90. A good chance of a bounce from here but a break lower could target 2775/72 for a buying opportunity.

If however we push back above 2846 there is a small gap to fill at 2853 before a retest of 2860 highs. Look for a selling opportunity here with stops above 2865 for 2883/93.