EuroStoxx 50 - Ongoing Pullback - 60 minutes

TVC:SX5E   Euro Stoxx 50 Index
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.


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