Analysis

DJ EuroStoxx 50 (Eu50) Futures

Eurostoxx March contract

EuroStoxx outlook positive as we beat the 3239 December high to target the November high at 3255/57. Further gains are likely to 3269/73. Look for 3284/87 on the way to 3296/99.

Downside should be limited with first support at 3225/20. Unlikely, but further losses meet a buying opportunity at 3205/02. Stop below 3195.

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