Outlook remain bearish since the MACD and Cloud Chart sell signal above the cloud!
Both the bottom level and top level of the cloud, (Cloud Span A & B) are now new resistance zones!
Chart Link: Stoxx600
Thursday, 6 July 2017
Europe Stoxx600 in deep trouble!
Europe Stoxx600 in deep trouble, as price action is taking place below the cloud! Front cloud also confirms a trend change since the cloud Span A line is now below cloud Span B line, with indicate that the trend is potentially changing to a down trend.
Outlook remain bearish since the MACD and Cloud Chart sell signal above the cloud!
Both the bottom level and top level of the cloud, (Cloud Span A & B) are now new resistance zones!
Outlook remain bearish since the MACD and Cloud Chart sell signal above the cloud!
Both the bottom level and top level of the cloud, (Cloud Span A & B) are now new resistance zones!
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