The best selling areas for the STOXX 50 index in the near term
The STOXX 50 index is moving sideways on the 4-hour chart.
The index is currently approaching important and strong daily supply zones.
We may see some rebound from these areas, leading to a decline in the index.
The best selling areas are the overlapping supply zones on the 4-hour chart.
These areas are located at the 5407.13 levels, as shown on the chart.
A decline is expected to reach the indicated targets at 5373 and 5330, respectively.
The area is considered good, but caution is advised and trade with light contracts.
The analysis fails to break through the supply zones and close above them.
