AEXINDEX ABC BOTTOM PREDICTIONI think its an simple abc move down thats extended to the 2.618.
Also good support at the price fibonacci giving me.
AEX trade ideas
How deep do we go? Breaking this 10-year old channel, compared to the previous two break-outs we had it looks we have plenty room to go down.
AEX : bloody monday 3.0 (temporary) bottom in sight 380Hi everyone,
After the breakthrough of the long-term support line, sales have accelerated, the M-pattern had a price target around 380, which has almost been reached, and a temporary upturn is expected here. If you invest for the longer term do not yet board! . The markets are heavily oversold, there is no long-term bottom yet! An upswing should be seen as a correction within the downward trend
Support : 380
Resistance : 430 / 460 /478
Good luck traders! and take care of one another.
Regards,
TT
2020 End of AEX BullrunNo '100% proof' analysis, my personal idea of the future of the chart. ATH has been hit and is still funnelling. Personally not thinking of a much higher hit in the future of 2020.
Complete random analysis with personal view of interpretation.
Comment with your own view on the market or this chart, no harm in a disagreement.
AEX : Bloody monday 2.0 : Reanimation Hello everyone,
After the bloody Monday of 2 weeks ago, there was another one yesterday with an even greater calliber, partly caused by the viruses. In the meantime, we have arrived at the bottom of the long-term trend channel, it is important in the coming period whether it can hold, if not there will be an even greater fall.
There is still a gap (skipped course) open around 530 , I expect this to be closed at the next recovery.
I would just like to point to the larger picture with the formation of an M-pattern, this is top pattern when this is rounded off, this gives a course target the size of its size downwards. The dividing line is around 472 . If it breaks then there is a target of around 377 ! To keep in mind !
Support: 485/472
Resistance: 530
Good luck traders!
TT
UPDATE: #AEX End-of-year rally 2019 seems to have kicked off.UPDATE: #AEX End-of-year rally 2019 seems to have kicked off. Winning!
UPDATE: #AEX - "Financial markets goes into years of recession!"UPDATE: #AEX - "Financial markets will goes into years of recession!"
Financial market is going to prepare itself for a long-term downward movement.
Some financial experts will call this an economic depression the coming period!
AEX: bloody monday : major support zone 580-590Hello everyone,
Today an exceptional movement, hence this analysis. Anxiety is not a good counselor. With today's major decline, a gap has been created (skipped price area) of just 10 points. These are usually closed again later when the market has calmed down. We have almost reached an important support zone 590 - 580, below we can really speak of a trend change. More later !
Support : 590/583/577
Resistance: 602/612
Greetings,
TT
AEX : into higher levels Hello everyone,
After the MA50 was broken (short signal) a higher bottom was formed at 590 and strongly rebounded back by the MA50, this has in fact been a bear trap with a reverse strong movement as a result. I have waited a while for confirmation with an outbreak by the red top line and negative divergence in the RSI.
Today the red top line has been broken as well as the falling resistance line in the RSI, this results in a further continuation upwards towards 640. Downside is the gap at 617 which can still be closed.
Resistance lines: 640
Support lines: 621/617
Success traders,
Regards,
TT
AEX: downbreak, 580/583 target zoneHello everyone,
After a long period of bouncing sideways, a breakthrough happened today due to the rising support line accompanied by the MA50 (purple line). this results in a short signal whose final goal cannot yet be determined, I think a fall back to zone 583 is possible, here also lies the neck line of the previously formed inverted SHS pattern.
Support lines: 595/590/583
Resistance lines: 603/610
RSI: negative divergence showed peak formation, it is now important that the indicator stays above the development line
MA50: the short signal remains valid as long as it remains below this average, above it again long!
Success traders!
regards,
TT
AEX LONGEntry: 604.8
SL: 601.00
TP: 616.20
Not very high probability trade. Because we are next to Wekkly suppy zone
AEX: collect the troops for an outbreakHello everyone,
We start the year with a sideways movement (see rectangle) this is a continuation pattern, it is waiting for an outbreak.
The MA20 was able to compensate for the decline yesterday, see that the bottom of the rising trend channel roughly coincides with the MA50. This is an important support, if it breaks, a correction will follow.
The signals are still green with an expectation that an outbreak will emerge.
Regards,
TT
AEX : long term view (MA50 RULES)Hello everybody,
I'm going to start the new year and decade with a long-term analysis based on the monthly chart. What is striking is that in the years 2000 - 2010 there was always a crash after a breakthrough of the MA50. (2001 - 2008) See that in 2010 - 2020 the MA50 offered support twice and a crash (2016 and 2018) has been subtly avoided.
What does 2020 -2030 bring? In the first place a continuation of the long-term upward movement since 2009 within a trend channel the top is currently around 640. Recently there has been a reversed SHS pattern abyss with a course target of around 680 but since space is limited upwards, I do not expect this goal until the end of this year / next year.
The MA50 (currently 520) is particularly important at the bottom, see that it has been flush with the bottom of the channel for several years. It may be clear if this can no longer offer support, a following crash will take place!
It will be an exciting time, good luck all!
Regards,
TT
Warning! AEX shows topping formation Hi everyone,
Today I want to warn you that the AEX-index shows double top formation.
At first, AEX looked quite strong: breaking out of the rising wedge, but now it broke back into the wedge and formed a bearish formation.
Trade safe and take some profits I would say.
AEX : gradually coming to an end: cheers!Hello everybody,
The year is slowly coming to an end, see that after the successful back test of the bottom of the channel we are now back at the top, there is still a small space to reach the 618/620 zone. At the bottom there are 600 and 595 support points, it is important that the trend channel remains intact in the coming weeks so there is no short signal. I wish you all a Merry Christmas and a Happy New Year. Hopefully you will appreciate my analysis and you will continue to follow me in 2020! Thnx
Regards,
TT
