No change in here.. downtrend perfectly intact as recent attempts to break higher were easly neutralized by the bears. However, taking into account all the fundamentals and the time factor, I'd say a reversal in Janurary (second half most likely) is very much possible as all the information regarding QE
plans (ECB) and rate hike plans (FED) have been available for a considerable time. Hence, one certan question comes to mind: How much of these two events ( QE
& rate hike) is already priced in?