$EUSTX50 - TG-1= 3079 - Janus Pattern - 19 SEP 2013TG-1= 3079 - Janus Pattern - 19 SEP 2013 | 4xQuad Forecasting
Expecting significant resistance at TG-1 = 3079, corresponding to 4xQuad's Janus Pattern completion.
4xQuad
EU50 trade ideas
Breakout Above Multi-Year ResistanceAfter consolidating for about two weeks, the EUSTX50 screamed higher gaining about 90 points within the last two days. In the process, it broke through a multi-year resistance level shooting vertical over today. Any pullbacks towards 2955 should be considered buying opportunities, targeting 3000, and 3100. Bullish bias remains while daily closes are above this level.
