Tag Archives: EUROSTOXX 50

3094.6-3129.0 remains key to direction with the 21-DMAs, 38.2% Fibonacci retracement and

Bounces from recent dips combined with correcting previously O/S daily studies have resulted in

Bounces from recent dips combined with correcting previously O/S daily studies are hinting at a retest of

Following the failure to confirm an easing of bearish pressure Thursday,

The move above the previous 3062.2 resistance level provides bulls with

Pressure has returned to initial resistance as daily studies begin to correct from O/S levels.

Despite O/S daily studies remaining at O/S levels Stoxx50 is struggling to regain lost ground with

Following moves that have seen Stoxx50 trading well below the Bollinger band base (3002.0) and

Stoxx50 fell just short of the March monthly low Friday before bouncing back towards the Bollinger band base (3012.4).

Bears remain firmly focused on the 2944.1-2971.5 region with the 2014 low at 2944.1 and

Bears may be a little concerned about the lack of downside follow through combined with