A Strong Selling Opportunity for the European Stoxx 50 Index

The European Stoxx 50 index continues its strong upward trend, especially after breaking through previous significant resistance levels. New strong demand zones have formed, indicating current buying pressure.

The outlook remains positive, suggesting a continuation of the upward movement towards the higher supply zones, which are considered key selling points for the index.

Selling Zones and Expected Targets

If the upward trend continues, the index is expected to target the next supply zones, located near the 6121 level. From there, a return to the downward trend is anticipated, targeting the 6060 and 5960 levels, respectively.

However, if the daily candle breaks above and closes above the identified supply zones, the analysis will be invalidated, and the index is expected to continue its upward movement in the medium to long term.