EUROPE - Big Picture

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EURO STOXX 50 & its VIX in the upper part of the chart. Italy & Spain (two biggest "PIIGS" economies).

ALL indices are near meaningful supports and it seems that all are in some kind of 4th wave.

In 2003-2007 bull market Europe was much stronger than USA: now it is very much on Europe if this new bull market can last longer.

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