EURO STOXX 50

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Europe has been in stock bear market since 2008, but recently has shown signs of life. If it can break above its 10 year old resistance, that could be the sign of a new multi-year European bull stock market. The resistance will be very closely watched & it also happens to be on its 38.2% fib retracement from its 2007 highs. I expect consolidation here before attempting a break higher.

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