| Index | Strat | Risk | Target |
| FTSE | Flat | ||
| DAX | Flat | ||
| CAC 40 | Flat |
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FTSE 100
FTSE 100
Long-term Technical Outlook
There is little change to the outlook for the FTSE 100. 5 waves down from the 2007 high are complete and A 3 wave advance is underway now, probably towards the former 4th wave / Fibonacci resistance in the 4676 - 5232 zone. The index should stay above 3876 on its way to mentioned resistance.
Short-Term Technical Outlook
The FTSE broke higher out a rising wedge formation, positioning to test resistance at the 76.4% Fibonacci retracement level near the psychologically significant 4400.00 level. Near-term support is seen at wedge resistance-turned-support, now at 4278.55.
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DAX 30
Long-term Technical Outlook
DAX 30
Long-term Technical Outlook
