Just a test, added the top 10 stocks of OMXH25 to a chart with 75% weight of the actual thing, so this represents 75/100% of the actual index. Seems like there is some cyclic pattern that upon repetition points down.
the price is going down because it hit the resistance line and the FIBBO RECTR Line , it under the VWAP and with big volume too and it going to hit the price channel