Index is up almost 23% since the bottom bounce a few weeks ago, and it's still below Fib 50% (1580) and EMA50 which, in my view, is still negative although we are trending above EMA20 - possibly positive in the long term. On 20 April, OMX formed a hanging man that was confirmed with another red close on 21 April. As long as we don't make a new high, I'm looking...
Sellers took back control after a strong start of the week, resulting in a long week candlestick tail that signals uncertainty among the buyers (however with a lower volume than previous candles). I'll be looking at the 1400-1360 level and a break would mean a revisit of the previous bottom at 1260. If the price would break the previous range high, I'm expecting a...
As expected, OMX30 made a lower low followed by an attempt up toward 1500 (Fib 50%) and failed. Still negative around the 1300 level and am expecting a drop to 1250-1200 before we see a strong reversal pattern.
Looking for a light bounce up to Fib 38-50% before heading south for the last leg before building a bottom. Looking to build a short position but remain neutral for 1-2 days.
In the last week there have been very large movements on the world indices. It seems the larger waves are coming in more quickly than expected. Currently looking for a flat ABC and hop to trade the C wave. After C is complete and does not break 1700 we should be good to go another 15-20% to reach C5.
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...
This is my thoughts. We have reached an historic high and a recoil is natural. Now with the corona virus spreading worries OMX has landed at a in my opinion natural level. What worries me is if we are to break the mid term trend. If that happens we will have a consolidation period that rapidly ends up in a "crash" down to former levels. This can we take...
Short OMX30 @ 1,893; TP @ 1,850, SL your choice
We've been on a very steep incline on OMXS30 since August but still seems to have some fuel left. Looking forward to breaking 1800 in December
ride the wave, be happy. but this is long term.
THIS IS MY VIEW OF IT. Counted the waves by the elliot principle and got this results. the bull move isn't over yet if you ask me. GOOD LUCK, THIS IS NOT AN INVESTMENT ADVICE
my map and calculation recording to elliot wave this last trading days of this year. good luck take care! NOT AN INVESTING ADVICE.
min tanke kring omxs30 är att vi ska nå kring 1850 innan nedgång på cirka 200punkter. lycka till! ej ett investerings tips.
Hey guys, as you see we see a long term chart. we are on the last wave 5 for a top at 2020 around 1870. Then we should see an retrace back to 1364. This is my long term analysis of OMX30. Please leave a comment THIS IS NOT AN INVESTING ADVICE.
Hello, in Sweden, unsurprisingly, they are getting to the "book burning" step. They want to replace their history with their political agenda thing: in favor of gender roles & postmodernism. I think this is not the first time it was proposed thought, but they are testing it each time, and getting closer to passing this law/act. Source: www.rt.com Pretty clear...
The main focus is as the comment describes: "Testing weak support for the fourth month in a short period of time, if it breaks I expect a move down to around ~ 260." The second most important thing to be looking at is that it never really recovered from december lows, while the rest of the market went mooning to new heights. Entering half of my intended...
OMXS30 will just go upp from here! --always a risk, do risk manegement