EUSTX50 has broken through a line of 3801.0000 and suggests a possible movement to 3732.3999 within the next 21 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 15 days.
Related Posts
Breach of 6008.0898 could mean a start of a bullish trend on US 500
US 500 has broken through 6008.0898 which it has tested numerous times in the past. We have seen…
Is the extremely large movement on FTSE 100 a sign of things to come?
Those of you that are trend followers are probably eagerly watching FTSE 100 to see if its latest…
DOW 30 – approaching a support line that has been previously tested at least twice in the past
A Channel Up pattern was identified on DOW 30 at 42696.4, creating an expectation that it may move…