The Bund opened sharply lower yesterday morning

EUROSTOXX 50 (Dec 12) INTRADAY Review The Eurostoxx opened higher yesterday following the positive culmination of the overnight EU finance ministers’ summit. However, laboured upside momentum only prompted the index to reach last Friday’s high where the price the price was strongly rejected. Our yesterday’s entry short at 2,564 was reached in the initial stages of the European morning trade and both profit targets at 2,546 and 2,536 were reached as the technical sell-off unfolded. The index

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The Bund opened sharply lower yesterday morning