Euro Stoxx 50 Index

EUSTX Roadmap June 2017

Updated

Basing before higher

Note

Appears like a triangle forming and almost completing

Note

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

Note

Still basing as 3500 was tested and bounced yesterday. Constructive

Note

Solid today, needs to breakout above falling trendline resistance

Note

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

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EUSTX LT View May 2017

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