15 June 2016 at 7:13 GMT
Steve Lucas of 3cAnalysis is short JUN’16 EUROSTOXX futures. Lucas says we have broken through the Ichimoku cloud and through the 50 & 100 day average rates.
Lucas is selling at 2891 and his stop will be at the 50-day average rate at 2966 which is just above a 50% recovery to the losses since May’s top. Targets will be 2820 and 2775, April’s low.
Steve Lucas says that this trade is good until Friday’s close.
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