EU50--SHORTEU Stocks 50 CFDFOREXCOM:EU50catalytsHigher-Timeframe Channel Rejection & Target Alignment HTF Context: Price is respecting a macro ascending channel (4 years) on the monthly chart, with last month showing a strong bearish rejection off the upper boundary. --Since the start of this month, three consecutive weeks have closed bearish, indicating that downward momentum has not been exhausted yet. -- The most probable downside target is the confluence area where the red descending trendline intersects the monthly key support level.