Euro Stoxx 50 HOURLY CHART - Several countings are possible, with enormous different results.. RSI does not have a good buy signal yet, so we play the intraday countings. We have been arrived at crucial levels is clear, it is Friday again, be aware of that.
DAXHOURLY CHART - "It seems to be even further going down, lower than 9317. RSI already indicates on the hourly chart positive divergence." Dax dropped down but in a wave 5, with positive divergence which was already been declared. The decrease below 9300 was a sign for buying. A nice rebound followed, as long as we are below the 9600 the risk of even more decrease will be present.
ES (future S&P500)
HOURLY CHART - "The best to do is standing on the sidelines for more clarity." Price remained at the bottom of the trend channel and against the MA50. Hence, undecided.
