Eurostoxx, SXF, Dax

Forecast for 12th March 2013 Eurostoxx March contract EuroStoxx held 2708/03 support nicely as we bottomed at 2705. A push through 2735 this week should test the years high so far at 2755. This is unlikely to be easy to beaten with the market now very overbought in the short term. Watch for a pullback from here but if we do break higher look for 2767 then 2783 with 2799 likely to be achieved before we hit selling pressure. Support at 2708/03 again today but below here 2693 should hold any

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Eurostoxx, SXF, Dax

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