STOXX50 - Turning bearish?

FX:EUSTX50   Euro Stoxx 50 Index
77 0 1
Two daily reversal candle, followed by todays             px             action. Daily MACD turning down slowly, Slow Stoch back below 80. 4 Hrs             trend breaks just now, DMI close to a bearish cross. Bund             is flying, EURCHF             down.
Equities are getting close to a major correction again. Maybe it is time to put on some initial shorts, or buy put options.
We are still far from a major selloff, but px             action defenately worse now. Ukraine started to bite!
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