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EuroStoxx50 Technical Analysis

Despite daily studies at O/B levels Stoxx50 continues to make gains with

Last week’s failure to gain a foothold above the 21 & 100-DMAs has resulted in

After finally managing a close above the 21-DMA Monday V14 corrected sharply lower Tuesday before

Daily studies at O/B levels remain the key concern for bulls with a close above the 3223.9 July 24 high

Last week’s rallies failed ahead of $1300 following spikes above both the 21-DMA

The sequence of higher daily lows last week resulted in a close well above the 21-DMA Friday

Daily studies at O/B levels remain the key concern for bulls with a close above the 3223.9 July 24 high needed to

Bulls took comfort in the spike above the $1292.4 previous resistance and the 21 & 100-DMAs Thursday,

The sequence of higher daily lows last week resulted in a close well above the 21-DMA Friday

Last week’s rally saw the Stoxx50 manage a close above 55, 100 & 200-DMAs at one stage before

Bulls take comfort in the spike above the $1292.4 previous resistance and the 21 & 100-DMAs Thursday,

The close above the previous $94.45 resistance Thursday eases bearish pressure and