AEX approaching support, potential bounce!
AEX is approaching our first support at 474 (horizontal overlap resistance, 100% fibonacci extension, 50% fibonacci retracement) where a strong bounce might occur pushing price up to our major resistance at 61.8%, 38.2% fibonacci retracement, horiozntal overlap resistance).
Stochastic (55,5,3) is approaching support where we might see a corresponding bounce in price.
Stochastic (55,5,3) is approaching support where we might see a corresponding bounce in price.
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