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.
Hi, Strong support area 9.500 - 10.500. Technical criteria: 1) Rejection from the trendline 2) Rejection from the Fibonacci retracement 62% 3) The round number 10.000 4) 50% drop from the recent high acting as a support 5) Historically really strong horizontal area acting currently as a support 6) Monthly EMA 100 7) Monthly EMA 200 Regards, Vaido