Eurostoxx did continue lower to the 2419 support which held the slide. Below 2446/45 we see initial support at 2433. Below here look for 2419 once again then 2400/96. If we break lower, our first major target for this sell off is at 2386/84. Watch for the bounce, but any longs here need stops below 2375 for 2354. Failure here sees 2342/40 on the way to 2316/11 which is our measured target for this H&S pattern.

Resistance at 2456/60 then 2469/2470 but above 2473 sees 2480 then a retest of 2490/94 highs. A break higher through 2505 targets the 100 week MA at 2530/35 then 200 week MA at 2565. We have a roll over gap to fill to 2594 above.

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