Eurostoxx, E-Mini S&P, FTSE 100, Dax

Daily Forecast – 05 April 2013 Eurostoxx June contract EuroStoxx failed just below 2611/12 resistance & we broke Wednesday’s low at 2567 to test the 2558/54 level again. We did hold our stop level below last Thursday’s low at 2551. However a break today targets 2536, possibly a retest of March lows at 2524/19 & the chance of a bounce. If we continue lower look for support at 2500/95 next & a bounce very possible but continued losses could then target 2477/72. Exit shorts & try

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Eurostoxx, E-Mini S&P, FTSE 100, Dax