Automatic wave scan: as of 19 Oct 2026, the automatic daily count for Euro Stoxx 50 is Wave 3 down with a bearish bias. The count stays valid while price holds 6,365.
Current Euro Stoxx 50 wave count
Automatic wave scan Updated daily from the latest daily close (16 Oct 2026). Computer generated from swing highs and lows, not reviewed by an analyst.
Automatic scan: price is in wave 3, the main leg of a five wave decline that began at 6,577 on 12 Aug 2026. Next levels to watch are 5,746 and 5,363. The count fails on a daily close above 6,365.
Key levels
| Type | Levels |
|---|---|
| Resistance | 6 · 365 · 6 · 577 |
| Support | 6 · 194 · 6 · 181 |
| Invalidation | 6,365 |
What is Euro Stoxx 50?
The Euro Stoxx 50 was launched in February 1998 by STOXX, now part of Qontigo and Deutsche Börse. It covers 50 large companies from euro area countries, with France and Germany having the largest weights.
Its futures, traded on Eurex, are among the most traded equity index futures in the world.
What moves the Euro Stoxx 50 price?
- ECB policy: Euro area rates shape valuations.
- European growth: Business surveys and GDP data matter.
- Euro exchange rate: A weaker euro helps exporters.
- Global trade: Many members are global companies.
- Energy prices: Higher gas and oil prices weigh on industry.
How Euro Stoxx 50 moves in Elliott Wave terms
The Euro Stoxx 50 took many years to regain its 2000 high, forming large corrective patterns. Its recent waves often line up with the DAX and CAC 40.
Because it combines several countries, the index can show cleaner wave structure than any single national index.
Tips for counting Euro Stoxx 50 waves
Compare with the DAX and S&P 500. Watch ECB meeting days.
Euro Stoxx 50 key facts
Euro Stoxx 50 Elliott Wave FAQ
Which countries are in the Euro Stoxx 50?
Companies from euro area countries, with France and Germany having the largest weights.
What is the difference between the Euro Stoxx 50 and the Stoxx Europe 50?
The Euro Stoxx 50 covers only euro area countries. The Stoxx Europe 50 also includes countries such as the UK and Switzerland.
Where do Euro Stoxx 50 futures trade?
On Eurex, the derivatives exchange owned by Deutsche Börse.
Sources and further reading
- EURO STOXX 50 (STOXX)
- Euro Stoxx 50 (Wikipedia)
- Monetary policy decisions (European Central Bank)
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