Yet another new recovery high Friday, to hit our daily target at 3600, after the midweek dip held support at 3523/22.
This maintains upside pressures from the firm extension February rally through key longer term targets at the psychological/ option level at 3500 and the 61.8% retrace of the entire 2007-09 bear market at 3520, which has re-energized the bull theme for Q1.
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Daily EuroSTOXX 50 Future Chart