Chart Watch: DAX, Euro Stoxx 50 awaits a bullish break, FTSE 100 bulls in control - FuturesTechs

Dec 07, 2016, 12:54 PM

Need more evidence of ‘Santa rally’… Watch the full segment in which Clive Lambert, Director at FuturesTechs points to the ‘bullish rebound’ in FTSE 100 and takes note of the impending bullish break on Germany’s DAX and Euro Stoxx 50 index.

Lambert’s Trade of the day is Long Euro Stoxx 50. Check the full segment for an appropriate entry that would offer attractive risk:reward.

Key levels to watch out for-

DAX - 61.8% Fib level of 11,000

Euro Stoxx 50 - 3130

FTSE 100 - Nice rebound from H&S neckline suggests bulls are in control

#DAX, #Euro Stoxx 50, #FTSE 100, #indices, #equities, #stocks, #Germany, #UK, #trading, #technicals, #investing