Forwarded from FreshForex Analytics EN
🇪🇺According to the latest report from Emerging Portfolio Fund Research, the outflow of capital from European equity funds hit a new high in the last 40 weeks.
📉 Since the European stock index Euro Stoxx 50 is trading near a six-month high, we get a signal for a technical correction. The RSI indicator is in the overbought area and is also signaling a decline.
👉 Investment idea: sell limit #ESTX50 3913, take profit 3845
📉 Since the European stock index Euro Stoxx 50 is trading near a six-month high, we get a signal for a technical correction. The RSI indicator is in the overbought area and is also signaling a decline.
👉 Investment idea: sell limit #ESTX50 3913, take profit 3845