there is 5 waves down, 1995 is key support and Draghi is supposed to announce something in 2 weeks....
the rebound could start from here or early tomorrow.
THE YEARLY IS: 1967. If it closes below that, It is very dangerous for longs, especially if the current buy signal has failed.
Dream scenario: a new top after draghi, that I would short in max size again. but this time it could go much lower.
a 20% correction is a possible scenario.
A continuation without easy entries is the pain scenario and is also possible....
Imagine if 1950 holds this year.... it could go to 2350 without breaching the top line