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Al-manartrading

A very strong sell Signal on the 30M chart!

Corto
EURO STOXX 50 Index Futures (EUREX:FESX1!)  
Al-manartrading  
EUREX:FESX1!   EURO STOXX 50 Index Futures
Trend Analysis eurostoxx50 SELL Bearish Patterns short position
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trendanalysis eurostoxx50 sell bearish short position
After studying the chart of this morning, i saw a very strong signal confirmed by the break of the resistance area at 3169. The market retested the area and showed a strong momentum towards the bottom. The market is still heading towards the strong support area at 3126. You may exit there but if it breaks that area, you should sell the market as it may collapse.
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