europe is soaring tonight, page-8

Our market today did not expct the DOW to rise again...

As such, it restricted the rally to a non-event, in preparation for a reaction drop on the DOW.

If the DOW stages a decent rise tonight, our market will effectivel sling-shot from its current oversold state.

God knows we are due for a decent rally...some 11 weeks in a row of black candles...most long and nasty...if nothing else, technically we need at least a 3-4 week rally just to bring things back into blance.

I reckon yetserday was the turn...and tonight (with luck) will be the confirmation.

Lets hope?

Cheers!