Oberony
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since Oct 1, 2017
chartpattern
dax30
elliottwaves
fibonacci
indicator
omxs30
trendanalysis
waveanalysis
wedgepattern
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Bearish Divergence on the bottom indicator and a resistance coming up.
1
I believe that the DAX will move up some more to fib .382. There it will meet MA200 and an old support that will now act as a resistance. Looking at RSI, it has broken out of a downward trend, meaning that sentiment has changed to bullish.
3
This is the updated idea regarding OMXS30 the coming days. I moved the waves one step forward (incorrect wave-counting) and increased the area where the reversal could happen(the new area takes into account a couple of swing-highs). This is because other indices have already reached fib 0.618.
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