EuroStoxx 50 - Ongoing Pullback - 60 minutes
After a downward breakout from a consolidation figure (flag), the EuroStoxx 50 is pulling back in the Distribution zone between 3232 and 3251 points.
The index is approaching a ST pivot at 3243, but there are strong resistances in the area around 3250: these points are potential sell levels when the pullback momentum weakens.
The index is approaching a ST pivot at 3243, but there are strong resistances in the area around 3250: these points are potential sell levels when the pullback momentum weakens.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.