Hey guys,
it seems like we crashed back into the recent range and bounce off of it.
The globale situation is pretty weird in terms of the differences and mood of investor world wide.
Fundamental facts:
1. S&P500 = 7% Plus since Years begin
2. Globale Stockmarket (measured on ETFs) = -7%
3. Chinas Stockmarket = -19%
Question: Does that make sense?...
Hey guys,
my friend erfrered wanted to see this chart, so I thought I might check OMX and share my idea. :-)
I usually don`t trade OMX and have no real fundamental information about it.
All I know is: THE US-MARKET is freaking dafuck out! And as long as the WORLDINDEX S&P500 creates ATH we can expect the european market to follow.
But how long will this...
OMXS30 continues to be bullish and are looking to face two resistance levels ahead.
First one is at the level of "X" in the pattern, wich is strong nut we Do see some tests just above lining up with the top of the Sharks PRZ.
Expected reaction from the Shark is a 38.2% Fib, but often we can see a pullback down to 50% where w, in that case, have a 5-0 pattern...
