Weakness - Bulls are not strong enough

- Ichimoku is back to neutral. Price trades in thick Kumo. Warning: Senkou span cross (bearish Kumo twist) 26 weeks ahead!
- Heikin-Ashi shows mixed price action, indecision, consolidation. Warning: haDelta+ and haOscillator may give sell signals.
- MACD shows weakness
- EWO is bearish

I think bulls cannot have much hope on this market now.

Yorum:

My position is half unit short with stop at 3631 cash px. Opened today.

Position opened in FESXH3 (March/2018 contracts), which means on stop level you need to take into account appr. 16 points discount to the cash px level.

Yorum:

"EWO" above refers to the Elliott Wave Oscillator on the chart, not to $EWO iShares MSCI Austria Capped ETF :-)