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Euro Stoxx 50 Index
May 5, 2016
$EUSTX50 at an important confluece point!
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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!
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