Are European Stocks About To Enter The Bear Market ?

FINANCIAL MARKETS DROP AHEAD OF BAILOUT LEGISLATION

While some of us were distracted by US equity market, what we should actually take a look at now are the epic adventures of our beloved european stocks, are we entering the bear market ?

http://www.dailynewsegypt.com/beta/wp-content/uploads/2012/08/20120809_MB_EuroStocks_AFP_P.jpg

(original publishing date 07/21/14)

Uh-oh…

Let’s just summarize the issue:

1) French stocks have broken a 3-year support

2) British stocks have broken a 5-year support

3) German stocks may soon break a 4-year support

This can’t be good news, so get ready: if you think that markets are boring at the moment because of low volatility, you will soon start dancing again.

 

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