RSI and MACD are both overbought for AEX. There is not any room left for further gains this year. Short untill may 2020. AEX is going to retest previous lows. The fall will begin in one these days / weeks.
AEX SHORT Based on Major Resistance. Last time it broke the Major Resistance (RED) was back in `07. Since then it dropped and had a slow but steady climb back up. If the Major Resistance (RED) gets broken in the next week, expect false breakout and short ones under 576.65 again. Aim for the 1st Target (ORANGE), Support Level at 565.18. Hereafter, continuing down...
Adyen lost a huge customer, Uber. Uber will handle payments itself and has received a license from De Nederlandsche Bank (DNB) for handling all electronic payments. I think Adyen has gone too far and is ready for a huge correction. First price target: € 550 Second price target: € 400 - € 470
The death cross occurs when a short-term moving average crosses over a major long-term moving average to the downside and is interpreted by analysts and traders as signaling a definitive bear turn in a market. The death cross is a technical chart pattern indicating the potential for a major selloff. The death cross appears on a chart when a stock’s short-term...
The AEX is starting to form a pattern I recognize as the Rising Wedge pattern. This could be an interesting short-term short. Wait till the yellow line has been broken before entering the short. target price would be either 534, caused by the strong daily support (red horizontal line) Or it would be 525 creating a new daily support line.
AEX is approaching our first resistance at 534.4 (61.8% fibonacci retracement , 100% fibonacci extension , horizontal overlap resistance) and a strong drop might occur pushing price down to our major support at 505.7 (50% fibonacci retracement , 61.8% fibonacci extension ). Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop...
AEX is approaching our first resistance at 538.32 (78.6%, 61.8% fibonacci retracement, 100% fibonacci extension, horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 513.59 (38.2% fibonacci retracement). Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop in price should...
AEX is approaching our first resistance at 511.53 (38.2% Fibonacci retracement, horizontal overlap resistance, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 474.74 (Horizontal overlap resistance, 100% fibonacci extension, 50% fibonacci retracement). Stochastic (55,5,3) is also approaching...
AEX is approaching our first resistance at 512.2 ( Horizontal overlap resistance, 38.2% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 477.9 (50% Fibonacci retracement , horizontal swing low support) Stochastic (55,5,3) is also approaching resistance where we might...
AEX is approaching our first resistance at 511.53 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension , 38.2% Fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 474.74 (horizontal overlap support, 100% Fibonacci extension , 50% Fibonacci retracement ). Stochastic (55,5,3) is also...
AEX is approaching our first resistance at 510 (61.8% fibonacci retracement, 61.8% fibonacci extension, descending channel resistance, horizontal overlap resistance) and a strong drop might occur below this level pushing price down to our major support at 485 (61.8% fibonacci retracement, 61.8% fibonacci extension). Stochastic (55,5,3) is also approaching...
AEX is approaching our first resistance at 511.53 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 474.74 (horizontal overlap support, 100% Fibonacci extension, 50% Fibonacci retracement). Stochastic (55,5,3) is also approaching...
Key levels to look out for, please refer to our 4 hour chart for a strategic view!
AEX is approaching our first resistance at 501.3 (78.6%, 50% fibonacci retracement, horizontal overlap resistance) and a strong drop might occur below this level pushing price down to our major support at 477.2 (78.6% fibonacci retracement, 61.8% fibonacci extension,horizontal swing low retracement). Stochastic (55,5,3) is also approaching resistance and we might...
AEX is approaching our first support at 474 (horizontal overlap resistance, 100% fibonacci extension, 50% fibonacci retracement) where a strong bounce might occur pushing price up to our major resistance at 61.8%, 38.2% fibonacci retracement, horiozntal overlap resistance). Stochastic (55,5,3) is approaching support where we might see a corresponding bounce in price.
These are the key levels to look out for when analysing AEX, please refer to our 4 hour chart for a strategic view!
AEX is approaching our first resistance at 495.2 (61.8%, 38.2% fibonacci retracement, 100% fibonacci extension, horizontal pullback resistance) and a strong drop might occur below this level pushing price down to our major support at 471.9 (61.8% fibonacci retracement, horizontal swing low support). Stochastic (55,5,3) is also approaching resistance and we might...