Relative to other instruments in the equity indices asset class, euro stoxx 50 ranked 11th since the day prior in terms of percentage price change.
Price action traders may also wish to note that we see a doji candlestick pattern on rty.
Given that we see an uptrend on the 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
This move is a reversal from the hour prior, which saw price move down.
This is a reversal of the price action on the previous hour, in which price moved up.
Relative to other instruments in the equity indices asset class, asx 200 ranked 6th since the previous day in terms of percentage price change.
It’s been a feast for bears operating on an hourly timeframe, as nky has now gone down 4 of the past 5 hours.
Of note is that the 100 hour changed directions on indu; it is now pointing down.
This is a reversal of the price action on the previous hour, in which price moved up.
This is a reversal of the price action on the previous hour, in which price moved up.