Santa rally? Bull? Deer? - Oh dear...

FX:EUSTX50   Euro Stoxx 50 Index
54 0 4
- Below Ichimoku cloud!
- Bearish Heikin Ashi
- EWO             decreases again

- Almost a bearish Kumo breakout. Best of Santa was to push it back to neutral Ichimoku ... for now.
- Price refusing Kijun and horizontal resistance
- Heikin-Ashi hesitation, can turn bearish again -> haDelta lost power
- EWO             still shows bearish sentiment

Short term may keep 3200-3350 neutral range, but the big picture is BEARISH!

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