OMX Stockholm 30 downtrend likely to continue this week

Indicators suggest that the current bear swing lower will continue this week. There is little evidence that it has been completed. Daily oscillators have not hit the floor and the wave count and time cycles are still pointing lower. So until stronger evidence of a reversal turns up the line of least resistance is to the downside.

from Tools feed https://www.tradingfloor.com/posts/omx-stockholm-30-downtrend-likely-to-continue-this-week-7590226?utm_medium=tf4-feed&utm_source=extract