Jun 30, 2015
The European indexes are doing what they should do, but the US indexes... I wanted to see this levels at the end of the week not now and this way. The technical indicators look bad, the move from the last top looks like an impulse now, the cycles topped out early at week 3(?). As long as the price stays below 2090 we have to assume that a bigger move lower has begun. If this is the case until the end of the week we should see one more bar lower 20-30 points. There is no signs to suggest bullish case only speculation with no confirmation at the moment. In the next few days we should know what is going on. I still have some doubts, but we trade what we see.