Eurostoxx 50
Crucial longer -term resistance line a-b above for EUROSTOXX 50

UK 100
UK 100 is on the rebound bouncing up off of 6,635 but unable to overcome 6,775 resistance, it appears to be moving into a trading channel between those two levels. Next upside test near 6,830 if it manages to break out.

DAX 30

Germany 30 ran into resistance at its 52-week high near 10,050 again and has dropped back under 10.000. RSI overbought suggests the risk of another correction high with initial support possible near 9,880 then 9,640 a Fibonacci test.

CAC 40

SUPPORT PIVOT RESISTANCE

3920-4020- 4205 4305 4490- 4590 – 4780

IBEX
The Ibex went higher during the course of the day on Tuesday, as we continue to bounce around in this consolidation area. With that, we think and ultimately we break out, but we need to clear the €10,800 barrier first before buying. With no interest in selling, and believe that any pullback at this point time will find a “floor” in this marketplace near the €10,500 level.

By Theodoros  Batsoulis
Technical Analyst
Risk Market
www.riskmarket.co.uk