The 4h candle is very as well.
I am short now from 9920 with a larger SL @ 10123.
Due to the rallye in Dow Jones and the daily candle in Brent Oil I expect a larger downmove to come.
My targets are: 9300, 9000, 8600 and max. 7900.
Afterwards I expect a larger rallye to come.
At the moment the market is pricing a recession because Mario Draghi said "he came to an end and even the FED talks about increasing interest rates. I believe that if the market shows weakness the FED will stop raising interest rates and the ECB will lower the interest rate again.