This is not a directional trade idea, but a relative spread trade.
-The extreme preformance of European equities over US SP500 index has been clear so far this year. However based on Heikin Ashi signal (including haDelta/SMA3), chance for short term trend break, and possible Slow Stoch cross I'd say it is time to buy SP500 vs selling Eurostoxx50 Index, at least for a short term spike.
-The extreme preformance of European equities over US SP500 index has been clear so far this year. However based on Heikin Ashi signal (including haDelta/SMA3), chance for short term trend break, and possible Slow Stoch cross I'd say it is time to buy SP500 vs selling Eurostoxx50 Index, at least for a short term spike.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.