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OMX (2D) / Elliott Wave & Algo Technical Analysis

OMXSTO:OMXS30   OMX Stockholm 30 Index
OMX down from the daily opposing GZ (pastel red fib). The double bottom at 1910 wasn't supportive enough. We are currently well established in algo shorts, headed to at least 1770. Market conditions are bearish with the VIX threatening all risk assets like never before since 2007.

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We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but backed by solid algo trading evidence. We also answer all your questions regarding the Elliott Wave Principle!

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Elliott wave & Fibonacci labelling:
Common path in white, bullish count in green, bearish count in red.

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