AEX looks very bullish - keep accumulating!The AEX looks very bullish. The AEX has been moving in a channel since March 2020 and the bottom was reached quite recently. It looks like this support line is being respected and that the way is clear to go up again. According to my theory, we are on the eve of 1995 and when I look at how the AEX behaved at that time, there are nice similarities to be seen. I copied the green lines (dots) from that time to the present (the lines are identical in percentage!). If this pattern repeats itself, the AEX will now rise by approximately 29% (before a more serious correction occurs). Coincidentally, this matches the resistance line exactly.
In addition, the RSI also looks bullish.
If the price develops accordingly, I will continue to update the graph in due course. Very interesting.