GREEK MARKET FTSE ASE LARGE CAP 25

Essential for the support levels of 305 units.
Possible trend reversal confirmation after two series moves from 305 until 323, the index is estimated will reverse in the short (*) and medium (**) term bearish trend and the Index, will move to new highs with a target level of  390 - 410 units.
Signals
Detection of basic trends horizonTHROUGH TECHNICAL ANALYSIS engineering and analysis of algorithms
SHORT TERM TREND  : HOLD SHORT-  (*)
MID- TERM TREND      : HOLD  SHORT - (**)
LONG TERM TREND   : HOLD LONG +

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@Second point reversal and strong support is found in the region between 270-280 units.
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@@ If the indicator move below this level (270) in over 22 series starting today, will change the long-term SHORT trend from LONG. In this case the main system of basic intervals, will be combined downward and the index will enter into new long-term downward cycle.




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Disclaimer: The purpose of this blog is not intended to induce or promote any insider trading or manipulation activity. This blog is created for the sole purpose of education, discussion and knowledge sharing. All charts and information can be obtained freely from the public internet. All analysis are based on my own personal view and years of experience. It should not be used as a decision to solicit buy/sell activity. Use all information at your own discretion and practice due diligence.
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Η χρηματιστηριακή τεχνική ανάλυση (τεχνική ανάλυση) δεν αποτελεί συμβουλή ή προτροπή για αγορά ή πώληση μετοχών αλλά τεχνική ανάλυση των τιμών τους με βάση συγκεκριμένους κανόνες και τεχνικές.

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