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Europe may have a slew of problems on its hands right now but one noteworthy development that's been a positive for European equity bulls is that both Germany's DAX index and the UK's FTSE 100 index have held their TRADE and TREND lines of support since the beginning of April. The DAX's TRADE and TREND lines of support are 7861 and 7712, respectively, while the FTSE 100's TRADE and TREND lines are 6412 and 6262. Holding these levels shows that the market remains resilient in a time of crisis and that investors are determined to keep the bull hopes and dreams in play.

Holding The Line In Europe - FTSE

Holding The Line In Europe - DAX