Closing changes:

  • Stoxx 600 +0.2%
  • German DAX +0.3%
  • UK FTSE 100 -0.6%
  • French CAC -0.1%
  • Italy MIB +0.7%
  • Spain IBEX +0.4%

On the week:

  • Stoxx 600 +3.4%
  • German DAX +3.8%
  • UK FTSE 100 +1.5%
  • French CAC +3.7%
  • Italy MIB +5.1%
  • Spain IBEX +4.2%

It was a good week but it's disappointing that European stocks couldn't get a better bid on Friday in this environment. The currency is obviously a headwind but it's not like European stocks were doing well when the euro and pound were falling.

Does this still qualify as a three candle reversal
CAC weekly - Does this qualify as a three candle reversal?