Tuesday, March 6, 2012

Is it the end?

Are the bears ready to prevent the golden cross?

Eurostoxx50 closed just under the 50 and 200 days e.m.averages.

I think the weekly chart is in a bearish environment. With this bias, one should look for rallies on the daily chart, preparing an entry in favour of the tide.
When the move up stalls, its time for action!

Presenting two patterns claiming the end of the rally.





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