Getting ready to short Stoxx 50

Discussion in 'Trading' started by Master Pu, May 9, 2023.

  1. SunTrader

    SunTrader

    No. Likely continue lower or sideways/flattish heading into weekend, looking ahead to next week to see if the U.S. gets its act together and raises the debt ceiling limit like it always does in the end.
     
    #31     May 25, 2023
  2. CAC, just like DAX & STOXX, has got a whopper of a divergence on weekly chart, it's going down, now that Germany entered a recession serves as confirmation, to me, that the weekly divergence will have legs.

    My target would have been 6,650 in CAC.


    Screenshot 2023-05-26 at 10.16.02.png
     
    #32     May 26, 2023
  3. Germans are making a sound effort to negate the bearish signal on the weekly chart, good luck to them and to me ;)
     
    #33     May 26, 2023
  4. SunTrader

    SunTrader

    Looks shaky to me.
     
    #34     May 26, 2023
  5. CAC about to take out support, I am still seeing DAX/STOXX initiating their corrections.
     
    #35     May 30, 2023
    SunTrader likes this.
  6. All euro indices ought to decline soon, perhaps a controlled one.
     
    #36     Jun 9, 2023