European STOXX 50 in Some Trouble
This monthly chart of the Euro STOXX 50 failed to make a higher high in 2017 and has held below trend lines from 2000 and 2007; two very important global market junctures indeed. It appears now to have held within a massive Symmetrical Triangle and a failure to bust the Triangle and make a new high would imply a drop to the lower Triangle line, … Continue reading European STOXX 50 in Some Trouble