Kumowizard
Long

SP500/EUSTX50 - Relative overperformance should take a pause

175 0 2
This is not a directional trade idea, but a relative spread trade.

-The extreme preformance of European equities over US SP500             index has been clear so far this year. However based on Heikin Ashi signal (including haDelta/SMA3), chance for short term trend break, and possible Slow Stoch cross I'd say it is time to buy SP500             vs selling Eurostoxx50 Index, at least for a short term spike.
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