Equity Strategy : European

European Indices gapping higher this morning after US markets staged a late-session bounce. After four solid down days its only natural to see this sort of move.
Interesting to see where Europe can go on this but keep in mind that longer-term direction is DOWN.
A very Busy day with lots of key Earning and US CPI at 12:30 GGMT. A reading inline or below 0.2% could extend the rally.
so we expect range-bound trading ahead of the lunch hour with the following levels in Place:
DAX 5365-5445
FTSE 5650-5710

Be Disiplined please, And keep Stop Orders.
Volatility is risingand if you trade "in Between" you are gonna get ripped apart.