The two green lines below describe the point rebound
Market is overbuyed, in stochastics and macd, waiting retracements to 2155/60 for this week
Are you waiting too?
High trend band, breaking old down trend.
Retracement to 2162, min 2150,waiting for a long triangle.
Small short trend, 2165 .... 2150 pp
Breaking long trend.
Waiting break to 2145, next 3 trading days
No sourprises along the triangle this trading week
A short retracement to 2167 pp, next 3 trading days.