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A final push possible on EUSTX50 as it starts approaching a price line of 3723.0000.

EUSTX50 is heading towards 3723.0000 and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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After testing 140.7813 numerous times, US Treasury Bond JUNE 2022 is once again approaching this price point. Can we expect a bearish trend to follow?

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