AEX Approaching Resistance, Potential Reversal!
AEX is approaching its resistance at 516.8 (horizontal pullback resistance, 100% fibonacci extension, 61.8% fibonacci retracement) where it could potentially reverse down to its support at 494.2 (61.8% Fibonacci extension , 23.6% Fibonacci retracement ).
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
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