Bias is still bearish

FX:EUSTX50   Euro Stoxx 50 Index
60 0 6
- Ichimoku Setup is bearish . Kijun refused 2 and 3 weeks ago.
- HA candles turned bearish . Acceleration expected below Tenkan (below 2900 spot)
- EWO             has an important message: BEARISH! More important message: 1st and 3rd bearish wave was in. 5th is likely still ahead of us!
- Risk for bears: while it looks bearish now and it is prudent to sell and keep shorts, in case market fails ti break below weekly Tenkan, it can be squeezed up to 3250, before the 5th bearish wave really extends.

- Ichimoku setup is neutral
- Heikin-Ashi has bearish bias.
- EWO             back below zero! If stays red for few more days, it will be confirmed bearish again
- Bulls need to clear 3070, or they are lost. Bears real chance will come below 2900 (below Kumo), but first they minimum have to have a candle close below daily Kijun!

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