Dow Jones Euro Stoxx 50 index hesitated in its rally to resistance at 2500 on the weekly chart, but the trend remains upward. Breakout above 2500 would signal a primary advance to 2900* — and end of the bear market. 63-Day Twiggs Momentum is also rising, but recovery above zero appears some way off.
* Target calculation: 2500 + ( 2500 – 2100 ) = 2900