The Sigma Whole Europe Index booked another strong session on Thursday.
The Sigma Trend Index increased to '52' (well above '34'). So, the ST model is ready to generate a fresh 'sell' signal on European markets if the Swing or the Power Level decline below '3' in the next 3 sessions.
The Sigma Whole Market Index printed a 'doji' on Thursday and the double top pattern remains possible. It seems the red horizontal resistance is very strong and the marked experiences some difficulties to move above this level.
Both the Swing and the Power Level remained above '2' on Thursday. So, the ST model was not able to generate a 'sell' signal on this warning signal. So, the warning is cancelled.
The ST model uplifted its stop on the NDX:
