EuroStoxx 50

The daily chart of the EuroStoxx 50 index shows that the index broke above the 50% retracement of the recent move down and rallied all the way towards the 61.8% level.

The daily chart of the EuroStoxx 50 index shows that the index reached the 50% retracement of the recent move down, which intersects with the upper line of this possible channel.

The daily chart of the EuroStoxx 50 index shows that the index reached the 38.2% retracement of the recent move down and the red trendline. We should see some resistance here, but a bounce above could send price towards the 50% retracement level rather quickly.

The daily chart of the EuroStoxx 50 index shows some indecisive chop, but hints that price might be ready to retrace a bit now it has closed the last gap below (yellow circle).

The daily chart of the EuroStoxx 50 index shows that price fell hard all day and closed at the lows. Ugly!

The daily chart of the EuroStoxx 50 index shows the bounce I mentioned this weekend, and which should take price to either the lower line of the broken red wedge or the 50% retracement of the recent drop.

The monthly chart of the EuroStoxx 50 index shows that january is represented by a large bearish outside bar, hinting that the index is ready to retrace some of the rally that started in march 2009.

The daily chart of the EuroStoxx 50 index shows that today's candle is a very ugly one.

The daily chart of the EuroStoxx 50 index shows pre-FOMC chop. Pfff ...