An own build index for long term investment on European stocks. Lets see if this log(Channel) holds.
1/12 BE Semiconductor
1/12 AB Inbev
3/12 Amundi CAC40 ETF (C4D)
The long term trend is positive, but short term perspectives don't explain us which way we will go out. I suppose that the market will chose a way up. The Elliot Wave Oscillator and the Squeeze Momentum both indicate that choosing one way will be with great conviction. Given a solid positive long trend, the way will be up! First of all the recent highs have to be broken.