EUSTX50 has broken through the support line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 3470.4714 can be expected within the next 2 days.
Related Posts
Because US 500 formed a Rising Wedge pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
An emerging Rising Wedge has been detected on US 500 on the 30 Minutes chart. There is a…
After trying numerous times in the past, NAS 100 finally breaks 21463.3496!
NAS 100 has broken through a resistance line. It has touched this line numerous times in the last…
ASX 200 experienced a very large 22 days bearish move to 8103.1
ASX 200 has moved lower by 4.7% from 8502.9 to 8103.1 in the last 22 days.