FX:EUSTX50 Euro Stoxx 50 index of European listed shares
Unlike the US indexes, the European indexes continue to find higher ground. Today the Euro Stoxx 50 formed a pin bar on the 4hr chart, climbing for 12 straight hours. The is currently sitting below key resistance at 3125. Bears wanting to get short have their level here. Bulls can look for a breakout pullback setup above, or a corrective pullback to the trendline around 3090.