TarekGadallah

EGX70 (Head and shoulders or wolf wave?)

EGX:EGX70EWI   EGX 70 EWI Index
EGX 70 shows two patterns
(Head and shoulders --- constructed

A wolf wave (orange line) which can give the support to EGX 70 and switch the trend back to uptrend ---- probable rebound

breaking the wolf wave will lead to medium term down trend.

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