WaveTrack International

Elliott Wave Financial Price Forecasting

EuroStoxx 50

by m.tamosauskas| July 1, 2013 | No Comments

EuroStox130701

Original short-term upside to 2625.29 has been achieved but as in the case of the U.S. indices, the substructure from last week’s low of 2494.54 implies an upside continuation. Idealised targets measure to 2709.47, the fib. 61.8% retracement – await a reversal signature there to confirm downside continuation in the weeks ahead. Ultimate downside objectives remain towards 2325.53-2296.66. The revision level for this forecast is at 2851.48.

Category: Eurostoxx 50

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WaveTrack International is a financial price forecasting company dedicated to the Elliott Wave principle and work of the R.N. Elliott. Clients include Investment Banks, Pension Funds, Total/Absolute-Return/Hedge Funds, Sovereign Wealth Funds, Corporate and Market-Making/Trading institutions and informed individuals -- & just about anyone who is affected by directional price change.

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