Weakness - Bulls are not strong enough

27 בנוב׳ 2017

- 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.

27 בנוב׳ 2017

הערה

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.

27 בנוב׳ 2017

הערה

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