I bought puts on the AEX to cover my portfolio exposure on long European stocks. I advise you to consider allocating between 2%-3% of your portfolio value to options. Risk management is key to outperforming the market. Entry Level: 760 Stop Loss set at 805. Expiry Date: May 19th 2023 First Take Profit at 740. Second Take Profit at 680. *Important...
Looking at the chart we can see quite an obvious head & shoulders pattern on the daily timeframe. If we break the neckline the technical target will be around 690. I also will be expecting a bounce in the 690 area.
The technical figure Pennant can be found in the major Dutch index AEX (NETHERLAND25) at daily chart. The AEX index, derived from Amsterdam Exchange index, is a stock market index composed of Dutch companies that trade on Euronext Amsterdam, formerly known as the Amsterdam Stock Exchange. Started in 1983, the index is composed of a maximum of 25 of the most...
The AEX index seems overbought. The weekly RSI indicator is at the top, flashing red signs. Buy range 540 - 615.
It seems that the price is backtesting the Pennant. Because the sentiment is not in the advantage of the bulls i expect that the price will return into the Pennant. In this case we have a couple resistance levels before the 525.
After the fake out, the scenario suddenly looks the same as in February and March. Small support lines do not seem to have a grip. And the price is totally separate from the 200, 50, 20, 10 MA. The death cross seems like a matter of time. The question is at what pace will this happen. And when can the price find support to drop even further. (Or am I pessimistic ..?)
Very decent pattern showing up. Almost clearing the 5 wave sequence of bigger cycle 1. Next is a three wave correction up to around 542ish before we have our money wave down which offers a great opportunity for early retirement. Disclosure: I am short on AEX with put options.
Rising wedge + bearish divergence on the RSI
The question is, which way it's move next. Break down is more propably right now, but we neet to wait.
Let's look at the Dutch AEX index. The prices seem to not have recovered as much as the american stock markets, giving us more opportunity to trade with higher percentage gains. However, I am starting this one with my analysis on an upcoming short trade. I'm not a huge fan of this inverted fibonacci retracement, but saw it getting very popular on charts recently...
RSI going low.... Volume indicator is going lower... Do we see some red days this week on the AEX??
2001: AEX broke the 4 year positive trendline and from that moment dropped 57% in the following 105 weeks. After breaking that trendline the price recovered until slightly above the initial break point. From there the real downward rally continued. In hindsight this point of recovery would have been an excellent short opportunity. 2008: AEX broke the 5 year...
UPDATE: #AEX - "Financial recession is a fact! Depression is coming!" Feb 19 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! Mar 02 Trade active: #IEX #AEX #coronavirus is being...
I think its an simple abc move down thats extended to the 2.618. Also good support at the price fibonacci giving me.
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.