ESTX 50 PR.EUR
Updated

EUStoxx Roadmap Dec 2016

75
Entering crunch time. Draghi has ECB meeting this week, so lets see. Could surprise
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Quite running
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ECB meeting today. I see EUstoxx much better upside into Jan 2017 vs SPX
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Tentative target range in EUStx into 2018 is 3800/3900. Clearly, i expect post 1Q17, EU to outperform US by >10%
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Catch up in EU continues
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D wave could extend to 3390/3400 into January
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Min bounce to 3272 reached today. Any further bounce from here is extension

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