MyPivots
Sign In
JA
jarek
Rep: 94
Posts: 3,474
Since not everybody here might be interested in such "exotic" market as Warsaw Stock Exchange I decided to start a seperate topic on it outside the regular trading discussions.
JA
jarek
Rep: 94
Posts: 3,474
The market in Warsaw had to "rush to the dance floor" and grew around 5% in the recent 2 sessions before retreating nicely:

Click image for original size


Such a climax move might indicate that at least short term top is in but lack of Kane pattern suggests caution in here.
JA
jarek
Rep: 94
Posts: 3,474
Very interestingly we have quite amazing similarity between the medium term picture of Warsaw futures and ES:

Click image for original size


Same drop used to anchor the set, same way of anchoring, second ABCD in a row finished at exactly the same line...