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A bear-trap or............
AEX at 2/3 of (usualy breakout/change dir-point) a Wig-pattern in an up-trend(=bullish)
(see Gif)
Is there a few weeks/months to spare(for a blow-off), or is the party over?
Other indicators(not shown) don't give much hope.
Breach in current rising support-trendline will transform it into new future resistance line.
Breach in current resistance line will open up new record territory (1500??).
Regards,
Ton Maas
Ms-IRB@xxxxxxxxx
Attachment Converted: "c:\eudora\attach\aex3107wig.gif"
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