NL25 trade ideas
AEX : ready to rally Hello everybody,
The index has done a successful back test in zone 585 in recent days, see also that the MA50 (purple line) has provided the necessary support, and the upward trend channel. At the top there is now more room towards 610, a start for a nice end-of-the-year rally.
Regards,
TT
AEX ready to make it’s final move before correctionMeasured target before we might head into major correction would be just over 700. Wow, what a strike that would be.
NL25 EUR SELL (NETHERLANDS 25 INDEX - EURO)Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
AEX : Who catches the bull ? 605Hello everybody,
Following the outbreak of 5 November, consolidation is currently underway with a narrow range of 5 points between 595 and 600 (see green horizontal lines). The maximum is 605 for the short term. The blue resistance line is provisionally a game breaker for a big move up. The RSI is also lagging behind course. A retest of the 586 outbreak would be a healthy development. The credo therefore remains buy the dips!
Regards ,
TT
UPDATE: #AEX forecast for the coming period 2019/2020UPDATE: #AEX forecast for the coming period 2019/2020
AEX : bulls jump over the fence Hello everybody,
It finally happened, a breakthrough by the long-term resistance at 586. The intention now is to stay above it;). First resistance is now around 591 then psychological 600 see also blue previous resistance line in the graph. If the lock can close well above 586 on a weekly basis, a long-term reverse SHS pattern has been completed. We shall see ....
Regards,
TT
AEX - gloomy European equityFor me, a fundamental problem with Elliott Wave is that in my case my mood can shape my count. Gloomy mood equals bearish count, cheerful mood equals bullish count. This count suggests a top in Dutch equities with a decent correction to follow. I am expecting to be wrong........but you never know.
AEX : it's time for action !Hello everybody,
It has been extremely boring lately, the index is trapped between zones 572 and 580. It is time for an outbreak to occur. The bulls are currently in the best position given the RSI. The last bear market (red rectangle) was shorter than the previous one and at a higher level. The bulls now have to take their chance to break up. No short signals yet so far.
Regards,
TT
AEX in higher resolution, same same in finer detail.An hour/day/week/month/year.
Yeah right, bit much isn't it.
AEX: bulls are still runningHello everybody,
A strong development in the AEX, yesterday's hammer is confirmed as a bottom pattern after the outbreak from the falling trend channel, still resisting at 580 and 586 above long-term signal. Support on 572 and 565.
regards,
TT
AEX : reverse daycandle, more drops comingHello everyone,
Today there is a reversal candle in the day graph. This means that the previous daily rise has been completely canceled out, this is again a negative development. There is now a lower top in the AEX at 570. I have drawn a falling trend channel which could be the next follow-up. Also see in the RSI that the indicator has not entered the bull zone. The following supports are 560, 549.
Regards,
TT
AEX : Falling knifeHello everybody,
The index has dropped back by the 572, and how. The algorithms started to work and the gaps at 565 and 560 were closed at high speed. In the daily chart, the RSI ended up in a bear market, which could put further pressure on the index in the coming weeks. The following supports are 556/549 and the last 535. In the event of a recovery, look out for a lower top.
Regards,
TT
sell nl25eurI already have a sell on this one but I am looking forward to adding another position using a sell stop if i see a flag as I indicated above
