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!
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