Get started

Omxs30

OMX30 - DailyIndex is up almost 23% since the bottom bounce a few weeks ago, and it's still below Fib 50% (1580) and EMA50 which, in my view, is still negative although we are trending above EMA20 - possibly positive in the long term. On 20 April, OMX formed a hanging man that was confirmed with another red close on 21 April. As long as we don't make a new high, I'm looking at 1470 and 1400 (Fib 50%) as levels to go long (mainly the latter than the former). MACD and Stochastics also signal negative divergences which re-confirms the candlestick pattern. In conclusion, with a 23% rally, a slight pullback would be healthy before we form higher highs and higher lows.
OMXSTO:OMXS30
by UncleJingles
OMX SHORTThis is my thoughts. We have reached an historic high and a recoil is natural. Now with the corona virus spreading worries OMX has landed at a in my opinion natural level. What worries me is if we are to break the mid term trend. If that happens we will have a consolidation period that rapidly ends up in a "crash" down to former levels. This can we take advantage of. I would enter a sell order if the consolidation confirms the down going trend. ------- We are at a point where a positive recoil can occur as well so I wouldn't blindly count on a break down. ------- This is not a recommendation, but rather my speculations and personal thoughts. You should always make your own analysis before buying any stock. Do you have similar thoughts about OMX? Please comment or give the analysis a like. Good luck!
OMXSTO:OMXS30Short
by EXLUSIVOO
1
Sweden: Let's drop ancient history from school curriculumHello, in Sweden, unsurprisingly, they are getting to the "book burning" step. They want to replace their history with their political agenda thing: in favor of gender roles & postmodernism. I think this is not the first time it was proposed thought, but they are testing it each time, and getting closer to passing this law/act. Source: www.rt.com Pretty clear what is going on here. One would have to be blind to not see they are going full insane just like every other socialist dictatorships including the NAZIs they hate so much. Lmao what idiot would still argue "everything is fine". Literally burning books and rewritting history. What's next? Gulag death camps for "those evil white skinned blonde haired right wingers"? This IS the next step you know... Always has been always will be. We'd have to look at other socialist countries. Now the NAZI GNP went way up after 1932, but they were a mix of far right and far left. The book burning did not stop the growth. I think it is possible not likely but possible the swedes pump their stock market. Make sure there can be no infinite loss. All socialist/communist "book burning" places went way down. Now going to get into it here, an idea is too small to make an in depth analysis, but it would be necessary. Before shorting & holding OR simply to build your bias for short term trades (all short preferably & then run your winner as long as possible). The global "economy", the world stock markets have a long way down to go. In 2000 & 2008 the FED kept cutting rates, but they weren't negative or close to that like now. When the bond market bubble implodes the FED will be powerless. Yields are negative. It's literally a ponzi. Or call it a greater fool game. You lose money for holding bonds. Only hope is price go up as bigger idiots buy after you. If they keep cutting like -5% people just get 5% a damn year for taking money. I don't see how this cannot end up like Zimbabwe or 1920s Germany. All I see is a great reset, they HAVE to let it all crash, and hope it slowly recovers... Tensions especially in the US and UK will get worse... More gilets jaunes too, more terrorism, all that stuff. Here is what is possible, this is much after the big fall of the soviet union, so it's not "that bad". It sure isn't the worse that can happen. I'd like to show what happened to the soviet union: East europe after 1990 got known as "the third world poor people place". Absolute RUIN. Mind you, the soviet union had oil, loads of it. And its not like the price crashed in the early 90s, actually went up. So they were still able to sell their oil at high prices and cushion the fall. 40 YEARS! Venezuela has oil too. Cambodge did not. North Korea don't have Oil. And they returned to the middle ages. Zimbabwe had no oil. Absolute ruin, nothing left. Heard how poor east germany was? Keep in mind they had russia helping them out and when russia crashed, they had west germany. Sweden has no oil... And no Oil country sending it money & goods. It's going to be biblical.
Short
by MrRenev
1