EURO 50 STOCKS (EURO 50 STOXX) (EU50EUR)Price on the EURO STOXX index broke out of the ascending channel on the weekly timeframe, and now it is coming back to retest the support-turned-resistance. We will only be taking shorts on this index, and we will only do so when the RSI is fully overbought on the higher timeframes. Until then, we keep on waiting.
