Eurostoxx 50 Index update - 2 December 2024
You will come across specific terms in these notes (FLD, VTL, and so on). Rather than explain them each time, you will find definitions here: guidance notes for Hurst cycles terminology.
Eurostoxx 50 - the 80 day cycle trough is likely in place.
We last looked at Eurostoxx 50 on 2 October and at the time were looking for a breakdown of the 80 day FLD (at around 4,904) for a base case downside projection to 4,738 for the 80 day cycle trough.