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Indices outlook: Stoxx 50 bullish above 3530, FTSE 100: 6450 a key level for the equity index

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 1, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    In today’s indices outlook, we take a look at the technical setup for Stoxx 600, Stoxx 50 and the FTSE 100, with Geoff Wilkinson, Associate at Linear Investments. Stoxx 600: Important to stay within the trend channel Wilkinson takes a look at the technical charts for the Euro Stoxx 600, noting the key levels on the index. A minor resistance could be seen at 393.60 and then the major downtrend around 395. A double support area could be found around 379. Draghi’s speech on Thursday remains a key

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