no clear sell signal but Draghi's speech a damp squib and I can't see what is going to hold markets up here given all the divergences (Nasdaq vs S&P etc)
Ftse is in the sell zone,imo although waiting for a reversal candle might be more prudent  :-)

edit   not quite a damp squib....he may take action in June
http://www.bloomberg.com/news/2014-05-07/euro-near-seven-week-high-as-traders-doubt-ecb-to-match-rhetoric.html