After heavy selling in European equities I think we'll see some correction now. Estoxx50 indx
has chance to come up to 3060-3070 (maybe even to 3090). Slow Stoch
is turning up both on daily and 4 Hrs
time frames. Watch 4 Hrs px
action there and check if we see a new sell signal, like Slow Stoch bearish
cross. The bias is still bearish
, unless px
closes and stays above 3100.