vendredi, novembre 09, 2007

Bearish signals

Today the DJ Euro Stoxx 50 validates a bearish double top below the TDST line.(dot red line)
Yesterday the index already closed below an important rising support line and the recent rally from mid-august looks to be a bearish rising wedge pattern.
The target of the (minor) double top is 3% lower but for the rising wedge, the
lowest valley in the pattern is the price target.(August low)

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