Euro Stoxx 50 (SX5E) Heads Up For the 3rd Consecutive Day

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The Hourly View for SX5E Last Updated January 11, 2021, 13:37 GMT At the moment, SX5E’s price is down -11.02 (-0.3%) from the hour prior. SX5E has seen its price go down 4 out of the past 5 hours, thus creating some compelling opportunities for bears. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are…

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