Look at that beautiful down trend line, and the channel in the weekly chart..Is this magic that market is struggling around this level? Is it going to break it? It is the perfect level to short apparently. But with a tight stop.. The bulls have power but the economy overall is in my opinion bad bad bad, and that should push the markets down. Ah, I have been saying this for so long. Even AEX (Amsterdam)is very close to its own downtrend line which is around 330.We will see if bulls have enough power.
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