EURO STOXX in the same boat as the DAXAlmost identical setup on the EURO STOXX as on the DAX. Big short setup, first set up in a potential new bearish trend. The pattern was triggered by a nice big selloff candle, indicating strong bearish momentum. Will it continue? On balance of probability it should. Either way, I wouldnt want to hold any stake in EURO STOXX 50 or DAX at this time.
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