Olu

EuroStoxx 50: I am bearish against the 3600 high

Short
Olu Updated   
TVC:SX5E   Euro Stoxx 50 Index
Comments on the chart.
The most important thing to note is that for this to play out the high must be in
By the way, another scenario that can happen is a triangle however the downmove has no discernable divisions into 3 waves. A triangle will be bullish imho
Comment:
Good downmove today. I am still looking lower right now
Comment:
Another excellent move down today. Price is at support right now. Still looking lower
Comment:
Price moved up today but there was not technical damage to the downmove.
Comment:
Looking at price action so far it looks like count wise things are not any clearer whether price is doing a 12345 or an abc either way price has fallen as expected
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