EUSTX50 has broken through a line of 4038.0000 and suggests a possible movement to 4097.0000 within the next 8 hours. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 8 days.
Related Posts
Bulls aim for 7745.4251 after the CAC 40 triggered a bearish formation on the 4 hour chart
CAC 40 has broken through the support line which it has tested twice in the past. We have…
After experiencing a 11.37% bullish move in the space of 31 days, nobody knows where DOW 30 is headed.
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
DOW 30 consistently settling in one direction. Will it continue?
Trend followers are probably eagerly watching DOW 30 to see if its latest 7 consecutive candles continues. If…