Euro STOXX 50 Index: 11 November 2013, Monday, 11.45pm Singapore Time
Attached is the chart of EURO STOXX 50 INDEX
As highlighted above, the short term correction will target for around 2930-2950 points.
One cannot discount the possibility of a potential whipsaw below the BLUE support to create a short term maximum fear cum short term shake-out.
The correction for Europe is expected to be more shallow compared to the rest of the world. This correction that is to come in international financial markets is inevitable.
Europe has reversed its Euro Crisis fortunes as of tentative judgement, and is expected to be, collectively, stronger markets.
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