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  • Squawk / 10 December 2016 at 7:20 GMT
    Another December 14 alignment coming up perhaps. Swedish Boliden might be on the verge of completing a very large cycle, which if it sticks should at least, more or less retrace the whole move off the lows earlier this year. The same pattern is seen, but with much weaker price action in the XME:arcx. In the case with Boliden key price is SEK 257. This stock might now need to balance the cycle from 2006-2008 implying a large bearish swing from here on. - the funny thing is a lot of cycles come up with Dec 14, and we all know what happens then. As said during the last bear swing, Boliden had the chance to produce new highs, it did. Now, it has a bullish tilt to it, which has to do with the USDSEK. Also, the next bear cycle if it sticks according to this wave count should last for at least 307 days.
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  • 3y
    Johan Berntorp Johan Berntorp
    One can use a potentially bullish open to square this position for a short term profit and await further action and see if we can break SEK191....
    3y
    Johan Berntorp Johan Berntorp
    As an alternative move the stop to SEK 183 and wait and see if we can hit SEK 191.
  • Squawk / 15 August 2016 at 19:54 GMT
    Looking through the charts following today's Swedish session there appears to be small range candle-stick body bonanza. The OMXS30.I (SWE30.I) managed to print another one today. VOLVb:xome, NDA:xome, SWED_A:xome, BOL:xome, INVEb:xome to name a few. The markets appear to bo coiling up for a larger move now...
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    3y
    DudetteUK DudetteUK
    Thanks for taking the time to answer. Yes, like you, I keep looking at that AB=CD completed for both ES and NQ as well as the 1.618...
    3y
    Johan Berntorp Johan Berntorp
    Agree, at this point this market doesn't look like it has much of an r/r for longs...
    3y
    DudetteUK DudetteUK
    Indeed. Less and less volume, could be blamed on August, but ai think that nobody is really enthousiastic at those levels, as the rally has been relentless...
  • Squawk / 20 July 2016 at 19:52 GMT
    Boliden BOL:xome has gone crazy through this bullish cycle and is closing in on a 100 % gain during this rally since January...On Saturday cycles align, will it manage that 100 % or fail just ahead, or is it just time for a breather?
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    3y
    fxtime fxtime
    Hmmmm.....I am always wary of equities that rally and then accelerate further so I am looking to short fwiw. If it wasn't for you I wouldn't...
    3y
    Johan Berntorp Johan Berntorp
    Yes there is! Glad to help to widen the scope:)
    3y
    Johan Berntorp Johan Berntorp
    Discovered I appeard to have some trouble with the day count on this one. Cycles align on August 1, now we still had a reaction so...but it...
  • 4y
    Johan Berntorp Johan Berntorp
    Metals and mining did really well in the US yesterday...prospects of having this trade in profits in time for February 11 seem remote at the moment. I...
    4y
    Johan Berntorp Johan Berntorp
    I had to pull the plug. Stopped out...SEK 125 is/was heavy resistance...
    4y
    Johan Berntorp Johan Berntorp
    Markets not too happy with the earnings obviously...
  • Article / 14 April 2015 at 12:15 GMT

    Can Swedish equities break higher?

    Can Swedish equities break higher?
    It is often a good thing to have a look at charts that are essentially showing the same thing, but that still differ in some aspects. Springtime in Sweden means – besides hope of a warmer climate – dividend payouts. Dividends are nice to receive but could from an analytical perspective cause issues. Now, are we breaking higher or aren't we?
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