EuroStoxx 50 - Ongoing Pullback - 60 minutes

After a downward breakout from a consolidation figure (flag), the EuroStoxx 50 is pulling back in the Distribution zone between 3232 and 3251 points.

The index is approaching a ST pivot at 3243, but there are strong resistances in the area around 3250: these points are potential sell levels when the pullback momentum weakens.