EUSTX50 is heading towards a price line of 4016.0000 and could reach this point within the next 8 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
Related Posts
It’s time to make a decision on FTSE 100 – its recent breach of 8213.2002 could be a sign of a new trend to follow.
FTSE 100 has breached the support line at 8213.2002. It may continue the bearish trend towards 8186.7080, or,…
DOW 30 – It’s perhaps in these huge moves where the greatest opportunity lies
DOW 30 hits 41779.57 after a 1.79% move spanning 3 days.
Because CAC 40 formed a Ascending Triangle pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
CAC 40 is heading towards the resistance line of a Ascending Triangle and could reach this point within…