Although the fake news would have you believe that the Eurozone is fast on its way to recovery, it is still mired with issues and the failed Euro
is taking its toll on German yields. There is still geopolitical tension, a migrant crisis, and a huge stagnation in inflation
that extends to the entire developed world.
The Kovach Chande is incredibly bearish
and we are testing the lower bound of the Kovach Reversals Indicator. Look for a brief pullback from this lower bound before it presses further.
Check out the Kovach Indicators here