From a long term perspective, it's all just post recession/ pre-crisis. We are just waiting for the next round of cuts/stimulus. Check out the charts from 2008. This or next year just might be the big breakout. http://stockcharts.com/articles/don...-at-the-decision-point-part--2-eurozone-.html
I personally feel that there is a lack of volatility. Well, back to one minute scalping until the bigger moves pick up.