ESTOXX50-Show me the way to the next whiskeybar /love me 2 times

FX:EUSTX50   Euro Stoxx 50 index of European listed shares
48 0 0
While the weakest chain is clearly the DAX Index             , the broader European equity index actually somehow not yet that bearish . However I think this is a classic example what not to touch as a trend trader, until one day it looks like a buy and the next day seems rather a sell. All in all it is a consolidation, with flat and thin daily Kumo, confusing daily MACD , and also a super low ADX and choppy zig-zag DMI             on the 4 Hrs. 4 Hrs Ichimoku is not giving any indications either, except one: leave it alone until it trades in the triangle, and in the range 3050-3100. My longer term bias is generally bearish for equities , so if anything, I would sell the tops or would buy more Put options for May maturity, but only a decisive break below 3000 could bring here a real and massive bearish reversal.
Until we can decide, please enjoy: http://www.youtube.com/watch%3Fv%3DC648sopLG1I
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out