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$EUSTX50 at an important confluece point!

FX:EUSTX50   Euro Stoxx 50 index of European listed shares
Here are two possible scenarios:
  • If the price "respect" the trendline and the support it's a BUY.
  • If it breaks the trendline it's a Sell.

Either way we have a nice Risk/Reward ratio!

You can follow other indexes (such as DAX             and S&P 500             ) as they are with a strong correlation this days.

Please leave your thoughts on the comments!
The trendline has been broken to the downside
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