E Euro Stoxx 50 Stopping For A Correction

EURO50 Index is more or less similar to DAX. After that five-wave rally forms lows, seems like the price is slowing down into a three-wave A-B-C correction, where wave C is still missing. So, watch out for a deeper decline here back to around previous wave 4) and 3100-3000 support area before any continuation higher.

Euro Stoxx 50, 4h

 

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