Today European stock exchanges have opened with a minus. Investors are motionless in the expectation of statistical data from the USA and Friday speech of the Head of Federal Reserve System (FRS) Ben Bernanke. Independent index of largest European enterprises Stoxx Europe 600 has lost 0.3 percent, having dropped to 266.64 points. The index of largest enterprises in eurozone Euro Stoxx 50 has lost 0.54 percent, having amounted to 2428.88 points.
British index FTSE 100 has dropped by 0.63 percent – to 5739.45 points. German DAX has reduced by 0.55 percent, having amounted to 6964.4 points. French index САС 40 has dropped by 0.59 percent, having set at 3411.43 points.
The chart below, courtesy of , reflects the current state of affairs with British index FTSE 100: the index shows flat within wave [b] between points 5791-5738. If the level of resistance is broken, wave [c] will be formed. If the level of support is broken, irregular wave will be formed or an impulse of a higher level wave.
