The Euro Stoxx index appear unable to breach the static resistance placed to 3700 . In the latest two year it failed three time to overtake this level , with the last failure that could started a trend inversion , as show the bearish channel
So the supports could to be a more easy obstacle to breach ,at least in my opinion . I foresee a correction by 6/7% for August , where is placed the 50% static support ( Fibonacci )