Looking at the numbers this weekend, it looks as if we should execute our (delayed) sells.
Here a graph of DJSC(DowJones European Small Cap in Euros):
And a graph of VGK(Europe in Dollars):
The fat red line is a 6M exponential average, the thin blue line is a 5 weeks EA and the yellow line a 13 weeks EA. The green line is Portfolio Control divided by # of shares, so PC per share. You see the incremental steps of the green line, that is AIM selling. So AIM was selling up to the top.
You could call both graphs 'top formations'. The blue line breaks the red line from above, then goes back to the red line and the descends again. This is a classic TA sell signal. That was the reason I said, maybe it is the right time to execute any open AIM sells at this moment.
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