BROADENING WEDGE, ASCENDING IN THE EUROSTOXX 50?

This is a not very successful pattern to trade but it is still worth paying attention to it, specially to the possibility of a partial rise. Here's the chart:




Let's wait and see what happens: it is only safe to short this if the partial rise confirms itself with the market heading down...

I won't post any message next week since I will be in Lisbon.


Good trades,

Dax Speculator