OMXS30 Long to 1655-60OMXS30 Long position ahead to 1655-1665 area. Then excepting major sellers step in and will take control and push price lower to retest 1590. Longby TradeForGain2
OMX30 weekly analysis ***10.09.2018***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? ----------------------------------------- - First time since 1987 - 2001 the S&P 500 showed 4 red days in a row - Apple: falling since 4 days - Nasdaq: Worst performance since march Conclusion? Since July defensive sectors doing well. - Export indexes like Dax suffer - Techs like amazon seems to advoid the high-risk-aversion since Juni caused by the tradewar = Greatest potential for a corretive phase. - US-techs compared to CH-techs like Tencent, Alibaba etc. = massive difference in performance and Sell-Off in Stockmarket & Techmarket - Apple produces in China and Trump wants them to produce in the USA / Is he going to destroy the globale supply chain performance like in 1930? - Apple = vulnerable company --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- by Trading2ezUpdated 774
Sweden`s new ATH coming soon? better don`t buy right now!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 take? The market is overheated and it`s time to see a recession. Off-Topic. WE will what happens. :-) Peace and good trades Irasor Trading2ez Wanna see more? Don`t fprget to follow me. Any questions? Need education or more signals? PM me! :-)by Trading2ezUpdated 777
OMXS30, 4H - Potential Shark patternOMXS30 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 comming up. Interesting time ahead for the Swedish OMXS30. Shortby Henrik-SMCTrading334
SWE OMX small correctionI don't usually play with elliot waves but heres a try on what my head saysLongby pengdog0