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Kumowizard
27 feb 2014 09:56

STOXX50 - Turning bearish? Short

Euro Stoxx 50 index of European listed sharesFXCM

Descrizione

Two daily reversal candle, followed by todays px action. Daily MACD turning down slowly, Slow Stoch back below 80. 4 Hrs trend breaks just now, DMI close to a bearish cross. Bund is flying, EURCHF down.
Equities are getting close to a major correction again. Maybe it is time to put on some initial shorts, or buy put options.
We are still far from a major selloff, but px action defenately worse now. Ukraine started to bite!
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