Eurostoxx Reacting Higher From The Blue Box Area December 27, 2023 By Hassan Sheikh In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of the Eurostoxx index. We presented to members at the elliottwave-forecast. In which, the rally from the 23 October 2023 low is unfolding as an impulse structure. Showing a higher high sequence favored more upside extension to take place. Therefore, we advised members not to sell the index & buy the dips in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below: Eurostoxx 1 Hour Elliott Wave Chart From 12.19.2023 Eurostoxx Reacting Higher From The Blue Box Area Here’s the 1-hour Elliott wave chart from the 12/19/2023 Asia update. In which, the cycle from th

Bridgewater's flagship fund posts gains of 32%In just one week in June, Bridgewater nearly doubled its short bets on European companies to $10.5 billion, making it the most bearish on European stocks in two years.Bridgewater's short-selling of companies such as lithography machine giant $ASML Holding NV(ASML)$, energy giant $Total SA(TTE)$ and pharmaceutical giant $Sanofi SA(SNY)$ is more than $500 million. Hedge fund manager Bridgewater Associates' flagship Pure Alpha 18% volatility fund gained 32.2% in the first half of the year. The fund posted gains in 65% of the markets where it trades, beating a historical average of 55%. Since its inception in 1991, Pure Alpha has returned an average of 11.4% annually. Ray Dalio, billionaire and founder of Bridgewater Associates LP. | Photo: Brian S