Looks to me like Eurostoxx vol measure has topped this week so good provide some relief for European stock indices
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The call on Eurostoxx vol being a positive indicator for a bounce in European stocks proved timely. However since we have have now had a 25%+ bounce off the lows it's time to take profits on longs and venture tactically short again.
I shorted DAX 11140 prior to FOMC announcement today looking for sub 10000 in weeks ahead.