EUSTX50 has broken through a line of 3787.0000 and suggests a possible movement to 3587.1499 within the next 3 days. 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 38 days.
Related Posts
NAS 100 hits 18486.2834 after a run of 5 consecutive 4 hour candles spanning 20 hours.
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
DOW 30 moves lower to 41060.92 in the last 15 hours.
DOW 30 has moved lower by 1.75% from 41790.88 to 41060.92 in the last 15 hours.
DAX 40 is quickly approaching the support line of a Channel Down. We expect either a breakout through this line or a rebound.
An emerging Channel Down has been detected on DAX 40 on the 1 hour chart. There is a…