opdk

Last cycle wave 5 about to start

OMXSTO:OMXS30   OMX Stockholm 30 Index
Short timeframe
Looking to complete ABC pullback for larger wave 4 that should stay above ~1700. If the C does not gap down it should be tradable.

Intermediate timeframe
After larger wave 4 is completed I'm preparing to be bullish and look to build aggressive long positions.

Longer timeframe
After C5 is completed, a larger pullback is expected. Planning to move long portfolios to safe positions.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.