As we may see, EU is experimenting the efects of last bull's run excesses which are represented as a dangerous double top formation plus a sizable gap down. I sense bulls may be feeling very confident after they saved yesterday's dip so impressively, but that over confidence is the sign of their imminet failure ( ST wise) . I believe most international indices will perform as EUROSTOXX 50 below, keep an eye on it. You don't think is probable right?... well, we will see....
Update 11:48 EST
Now, the same chart will probably look different .... I am expecting some kind of bounce now but it won't last much.
