European indices: Inverse H&S on Stoxx 600 – Linear Investments

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    In today's technical outlook in European indices, we look at the Stoxx Pan European Banks Index, Stoxx Euroland Banks Index, Stoxx 600 and the FTSE 100, with Geoff Wilkinson, Associate for Linear Investments. Speaking to Tip TV, Wilkinson highlights the inverted head and shoulder formation in the Stoxx 600, with the index trading near the neckline of the formation, and indicative of further upside. With the UK market equity index seeing fresh 2016 highs, Wilkinson notes that the charts are

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