A strong buying opportunity for the Stoxx 500 index in the medium and long term

The European Stoxx 50 index has broken through resistance levels,

continuing its upward trend and establishing new buying zones.

This is a strong indication of renewed buying pressure.

Based on the current situation, we expect to see some corrections,

which may extend to the new buying demand zones, considered

one of the strongest buying zones currently, 

before the index resumes its upward trend.

Expected targets:

If the new demand zones formed after breaking through the resistance levels, located at 5794, are tested,

we expect to see the index rise again to 5876 and 6000 respectively.

Of course, the bullish scenario from the identified demand zones will be invalidated if they are broken

and the index closes below them with a full daily candle.