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Neon
Jun 7, 2017 11:27 AM

EUSTX Roadmap June 2017 

Euro Stoxx 50 index of European listed sharesFXCM

Description

Basing before higher

Comment

Appears like a triangle forming and almost completing

Comment

This is now morphing into classic ABC with C underway to give a lower low before higher into the summer

Comment

Still basing as 3500 was tested and bounced yesterday. Constructive

Comment

Solid today, needs to breakout above falling trendline resistance

Comment

Bouncing off the lower bound of the rising channel from Nov 2016 which should mean final upleg missing
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