Technical analysis of Sep’16 EUROSTOXX trade: Lucas

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Technical analysis of Sep’16 EUROSTOXX trade: Lucas

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September 14, 2016 euro stoxx 50, saxo bank, saxo tv, steve lucas, trade idea, trade view, tradingfloor.com

Steve Lucas from 3CAnalysis.com is looking to sell Sep’16 EURO STOXX. He explains why in a technical analysis.

Lucas believes that there is a head and shoulders pattern developing and is looking to sell at 3,055 with a stop at 3,113. The targets are 2,957 and 2,888.