Danish OMXC20 - Topped

Zoomed in view of OMXC20 since late 2007.

The Danish OMXC20 index is displaying a very negativ outlook too. The clear break below the lower Blue Andrew Pitchfork line shows us, that the uptrend since March 2009 has been broken and the longer term target could be the mid-point of the red Pictfork.

Looking at the longer term view (the upper chart) we could be making a running triangle, where we have just begun wave-e down. This wave-e should at least target 345.