in this case a B) as price action + indicator's pattern leads to an inevitable bearish sentiment, we all know that it is not a straight forward case to be in the black straight away, so ImO smaller bears will be squeezed first, followed by a much bigger fresh small bull shake near 1500. Of course it could happen without a headfake, hence to be short off almost every short signal using small stops (& scaling out in my case) is the plan, not to say that money can't be made on the long side, it's just my plan so far 3rd lot still short here, expecting it to pop through trendline soonish.
Long FDAX 7389,50, buying more below 7375,00...dynamic hedge still implemented...straddle still implemented...expect some strong Financials today after two day sell-off..."bargain hunting" will be slogan of the day...especially when all of sudden rate cut talk will reoccur...don´t give too much emphasis on FED minutes...FINANCIALS will be the hot spots today... GL+GT
Read Headline at www.marketwatch.com ( 03:50 p.m. CET ) => "Bargain hunters on scene" Need to add any comment ? ....