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EuroStoxx50 Technical Analysis

An extremely volatile day Thursday saw Stoxx50 dip below the triangle base

Lack of follow through following fresh 2015 and 3 month highs combined with

Bulls took comfort in the close back above $46.83 and the pop above the

After flirting with the triangle top Stoxx50 is now heading back towards

The move towards the $1253.8-1257.3 region continued Tuesday with

Layers of resistance are clustered in the $46.83-52.03 region with bulls needing

Whippy trading has seen Stoxx50 bounce and trade marginally

The move towards the $1253.8-1257.3 region continues with

Fresh 2015 and 5+ year lows continue for G15 with the Bollinger band base limiting follow

Volatile trading continues for Stoxx50 as a triangle begins to form on the daily chart.

After recently stalling ahead of the long term falling trend line from

Wednesday’s move to fresh 2015 and 5+ year lows found support marginally