IAEX trade ideas
What will happen in the Netherlands and deflation or inflation?CHARTDESCRIPTION
If the (ETF) AEX will break this level i only prefer to go long if the RSI, MACDI,(Slow) Stochastic and Bollinger Bands
will give me a positive signal.
I'm on this moment concernd about the level we have reached,
because there are many signs that the current stockmarkets are overvalued (for example the new ticker SNAPCHAT wich is to much overpriced)
Also the ECB has now a new problem.
They turned 'deflation' into 'pushinflation'.
Wich concerned me, because wages hasn't rise at all. There is only more demand for labor (read: seasonal work).
What is happening with the stockmarkets right now?If we look at the indexchart of the AEX (dutch25) we are seeing high consolidation. This means that markets are on this moment unpredictable and are waiting for more information.
Why can't we predict the markets?
Because we saw at the past that markets dind't react as expected on politics and economic data. This means that the most people are afraid to place orders. Wich can turn on a consolidated market.
What to do?
Because i only go long i'm waiting for a drop or breakout in the market. If this happen, i will go long.