OMXSTO:OMXS30   OMX Stockholm 30 Index
Sellers took back control after a strong start of the week, resulting in a long week candlestick tail that signals uncertainty among the buyers (however with a lower volume than previous candles). I'll be looking at the 1400-1360 level and a break would mean a revisit of the previous bottom at 1260. If the price would break the previous range high, I'm expecting a bear rally followed by a potential bounce south - to be evaluated if that happens.




Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.