Eurostoxx, Dax

Forecast for 10th December 2012 Eurostoxx December contract Eurostoxx unable to break Thursday’s high of 2619 as over bought indicators make it a struggle. However a break of last week’s high at 2619 should trigger a run up to the 61.8% retracement level of the losses from the highs in 2011 at 2638. Attempt shorts once again with a stop and reverse in to longs above 2650 for a test of the next resistance at 2669 with scope for a move as far as 2692. It is not worth fighting this up trend but

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Eurostoxx, Dax

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