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Kumowizard
Dec 18, 2015 10:11 AM

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

Euro Stoxx 50 index of European listed sharesFXCM

Description

Weekly:
- Below Ichimoku cloud!
- Bearish Heikin Ashi
- EWO decreases again

Daily:
- 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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