The end of the story on the experiment may be that there is a point from which it does not work.
The resistance at 17800 has held overall.
Right now it does not look good: it trades below monthly and is breaking through support.
It could easily ride down.
Trade: short 10% aum - stop 17575 on close.
However falling after completion is kind of too widely expected so one my theories is that it may fail before.
There was an interesting article this morning explaining why ECB QE may be difficult to implement with Deposit rates at -20bp. It may not happen at all then...