Frankfurt (derivatecheck.de) - Trading Experts at Credit Suisse give an account of their technical view for the upcoming trading day in DJ EuroSTOXX50.
The Strategist note that the medium-term momentum pressure not over yet. In their view counterleg from trendline support but short-term pattern remains unstable. Hourly momentum indicators are slowly improving and favour an advance but negative trends are likely to limit the potential.
According to the Analysts resistance can be found at 4190/4210, 4250 and at 4285/300 while support is settled at 4130; 4090/4110 and at 4050/65. (22.08.2007/dc/a/i)
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