Are we forming a top on $DB?Deutsche Bank AGBATS:DBFXTraderPaulThose of you who've joined my Monday Market Update over the years will know that I don't have the highest regard for Deutsche Bank. I'll save my reasons for another day (over a beer). Regardless of my views and bias ultimately were only interested in whether it provides us with an opportunity, and DB has been in a good weekly trend for the last 2 years, having traded from $10 up to $37 over that period. The question is: has the trend run its course? The price action over the last 3 months has been inconsistent. I would call this a Stage 3 price action (with a nod to Stan Weinstein). On one side we have a broadening formation building, and then on another we have a double top over the last month or so. What I note is that the weekly 20 Period Moving Average (Blue) has provided excellent dynamic support over the last year so. Will that continue? If it does then I'd want to see us bounce and move to new highs. However if it fails and the 20 flips then I'd see us moving down to at least $30 (which would then be running into the weekly 50 period Moving Average).