Euro-Stoxx50: closes the ‘gap’ of 3.8387 of April 22


(CercleFinance.com) – Euro-Stoxx50 closes the gap at 3.8387 on April 22 and reduces its annual loss to 11%, clearly moving away from correction territory.
The luxury stocks of the CAC40 played a decisive role in the recent rise from 3,600 to 3,840, the record inflation figures in Europe did absolutely nothing to slow the rise on May 30.
The next upside target will be 3.930, the ‘high’ of 4/21.

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