The question is, which way it's move next. Break down is more propably right now, but we neet to wait.
Looking at the AEX i chart, this bearish pattern is quite easy to spot. At the previous two tops AEX printed: A high (yellow) Followed by a higher high with a drop to the low of the yellow zone (green) Followed by a retracement to around mid green zone and a big dump (red) Retest of support turned resistance (orange) with a final big dump afterwards. ...
In 2002 the AEX made a big drop to 380 points. After that point the AEX made a rally up to 528 points. Back to now, this year we als made a big drop to 390 points. 29 april we reached the 528 points. Yesterday we saw a big red candle, does this mean we have seen the top? If we look back at 2002 the answer is yes ;)
short incl. support and resistance levels. entry 510-500 target 1 - eye 1 target 2 - eye 2 target 3 - eye3 Stoploss 538.5
RSI and MACD are both overbought for AEX. There is not any room left for further gains this year. Short untill may 2020. AEX is going to retest previous lows. The fall will begin in one these days / weeks.
AEX formed a perfect cup and handle and subsequent broke through supporting neckline. Targets might be any of the lines drawn, depends on how US markets will close.
AEX is approaching our first resistance at 534.4 (61.8% fibonacci retracement , 100% fibonacci extension , horizontal overlap resistance) and a strong drop might occur pushing price down to our major support at 505.7 (50% fibonacci retracement , 61.8% fibonacci extension ). Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop...
AEX is approaching our first resistance at 538.32 (78.6%, 61.8% fibonacci retracement, 100% fibonacci extension, horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 513.59 (38.2% fibonacci retracement). Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop in price should...
AEX is approaching our first resistance at 510 (61.8% fibonacci retracement, 61.8% fibonacci extension, descending channel resistance, horizontal overlap resistance) and a strong drop might occur below this level pushing price down to our major support at 485 (61.8% fibonacci retracement, 61.8% fibonacci extension). Stochastic (55,5,3) is also approaching...
AEX is approaching our first resistance at 501.3 (78.6%, 50% fibonacci retracement, horizontal overlap resistance) and a strong drop might occur below this level pushing price down to our major support at 477.2 (78.6% fibonacci retracement, 61.8% fibonacci extension,horizontal swing low retracement). Stochastic (55,5,3) is also approaching resistance and we might...
AEX is approaching our first resistance at 495.2 (61.8%, 38.2% fibonacci retracement, 100% fibonacci extension, horizontal pullback resistance) and a strong drop might occur below this level pushing price down to our major support at 471.9 (61.8% fibonacci retracement, horizontal swing low support). Stochastic (55,5,3) is also approaching resistance and we might...
AEX is approaching our first resistance at 495.2 (61.8%, 38.2% fibonacci retracement, 100% fibonacci extension, horizontal pullback resistance) and a strong drop might occur below this level pushing price down to our major support at 471.9 (61.8% fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is also approaching resistance and we...
AEX is approaching our first support at 475 (50% fibonacci retracement, 100% fibonacci extension, horizontal overlap support) and a strong bounce might occur above this level pushing price up to our major resistance at 534 (61.8% fibonacci retracement, 100% fibonacci extension, horizontal overlap resistance). Stochastic (89,5,3) is also approaching support and we...
AEX is approaching our first support at 475.2 (50% fibonacci retracement, 100% fibonacci extension, horizontal overlap support) and a strong bounce might occur above this level pushing price up to our major resistance at 534.4 (61.8% fibonacci retracement, 100% fibonacci extension, horizontal overlap resistance). Stochastic (89,5,3) is also approaching support...
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.
AEX is approaching our first resistance at 516.8 (horizontal pullback resistance, 100% fibonacci extension, 61.8% fibonacci retracement) where a strong drop might occur pushing price down to our major support at 494.2 (100% fibonacci extension, 61.8% fibonacci retracement, horizontal swing low support). Stochastic (55,5,3) is also approaching resistance and we...
Hi Guys, Normally I do Cryptocurrencies, but today my country's AEX Index. I strongly believe we've already reached the top. And after a 10 year long bull market, it's time to take profits. I haven't bought any stocks, only bonds. But I will short when AEX drops under the 500 points. I already opened a short when it dropped below 500 points. But I had to take my...