Don't Let Fear of a 'Grexit' Keep You Out of European Stocks
In the chart, we can say that perhaps we have seen the minimum current corrective phase. This does not mean that, from here, the rate has to go up to the maximum of the year. In fact, you can draw a lateral movement to end to consolidate the previous excesses. Thus, after the weekly candle-shaped "hammer" designed during the first week of May, it may be said that to the extent that the price does not come back to close down, the logic is that from here, little by little, restructure on the rise again in the coming weeks with the aim of rising clearly above the current. The "stop loss" will be placed in closures, down from 11,167 points.
In the chart, we can say that perhaps we have seen the minimum current corrective phase. This does not mean that, from here, the rate has to go up to the maximum of the year. In fact, you can draw a lateral movement to end to consolidate the previous excesses. Thus, after the weekly candle-shaped "hammer" designed during the first week of May, it may be said that to the extent that the price does not come back to close down, the logic is that from here, little by little, restructure on the rise again in the coming weeks with the aim of rising clearly above the current. The "stop loss" will be placed in closures, down from 11,167 points.