Reversal in Euro Stoxx 50 (and Dax)

Few days ago I wrote here that this could be possibly the best time to close long positions in European stocks. The swift reversal is indeed followed. 

We now can expect Eurostoxx50 has started to make a huge Topping process. I am not advising to sell short if you are not seasoned operator, but it is definitely the right time to radically reduce exposure.