The local picture seems to work: wedge congestion.
+
Aligned bottom - This is basic but has often provided at least local rebounds.
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The short trade is crowded.
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Draghi may not deliver on his QE before a while and a few weeks is a lot for the market
+
Aligned bottom - This is basic but has often provided at least local rebounds.
+
The short trade is crowded.
+
Draghi may not deliver on his QE before a while and a few weeks is a lot for the market