AEX is approaching our first support at 474.74 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 509.41 (horizontal overlap resistance, 50%, 38.2% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (89,5,3) is also approaching support and we might see a corresponding drop in price.
Stochastic (89,5,3) is also approaching support and we might see a corresponding drop in price.
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