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Euro Stoxx 50 - Just 5

9 Nov 2016 ‚óŹ 10:51 AM

DJ Euro Stoxx 50 completed a 5 wave decline at today's low and rebounded so the implications for European markets is that the 5 wave decline is bearish going forward however we get a retracement of the 5 wave fall back to the wave iv high before turning lower. So the relief rally might not last beyond a retracement over the next few days.

dax-091116

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