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Big movement expected on EUSTX50 after a breach of the support

EUSTX50 has broken through a support line of a Triangle and suggests a possible movement to 3503.6385 within the next 12 hours. It has tested this line 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 9 days.

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Verizon Communications Inc. has broken through support of a Descending Triangle. It has touched this line at least twice in the last 2 days.

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