
BlueBox Wins: We take a look at Eurostoxx (SX5E) pull back into a blue box after a FLAT correction which is a 3-3-5 structure. This was followed by astrong reaction to a new high after buyers entered in the blue box as expected. Eurostoxx gained 138 points (2.55%) within 48 hours of reaching the blue box. Let’s take a look at Before and After charts of the reaction from the blue box.