OMXC25 - Hopefully not lower than this!I was hoping for a bottom just above 1700.. Didn't turn out that way. This area was my next target. Seems optimistic at the moment though :/
Strong support in danish marketThe market has been trading sideways for a while.
The last price action shows
"It took 160 days to fall 16%, but only 80 days to recover" - which means there is a positive momentum in the market.
Following that, the market is trading sideways, so you can expect to see positive momentum soon.
Due
OMX C25 potential bullish trendThe OMX C25 shares had a very good bullish trend from the beginning of COVID-recession. Now the shares just finished a shoulder head shoulder bullish formation and is now testing at the support level. Now it is very possible that the shares are going to raise and reach the resistance level. Therefor
OMX C25 Bullish-analysis Inflation lossThe fall in the Danish index has reflected the Corona crisis and inflation.
However, inflation is loosening, say many economists and financial houses, which have provided many happy investors.
Over the next six months, I believe that we will see positive fluctuations in the international index S&P
OMXC25 Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
T
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
OMX Copenhagen 25 Index reached its highest quote on Sep 16, 2024 — 2,045.10 DKK. See more data on the OMX Copenhagen 25 Index chart.
The lowest ever quote of OMX Copenhagen 25 Index is 959.72 DKK. It was reached on Mar 16, 2020. See more data on the OMX Copenhagen 25 Index chart.
OMX Copenhagen 25 Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy OMX Copenhagen 25 Index futures or funds or invest in its components.