The correction, which began in November 2017 is most likely finished. It has cleared the road for further upside in the Eurostoxx 50. The ball is now with the bulls. We would like to see swift upside if our base case scenario is correct. It is depicted in black color.
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Close now and reopen longs upon break of minuette wave (I) pivot high for better risk management.
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Reactivate trade as November pivot is taken out. Red count is invalidated with this action!