Entering a put spread 685 - 675 for 20Jan23 based on:
- lateral channel resistance tested twice and held a couple of weeks ago at 735
- RSI divergence from mid-Nov to mid-Dec
- descending triangle in the past 2 weeks
Again. Resistance, risk market. Easey
We are on resistance on the daily TF
Last short we had a -3%. This market is risky, we are at resistance so easily -1,5%.
Its worth the odds.
Gr, jsprvl
To start with our daile AEX option trading....
first one I find is today. Its a fake brake-out, or we find suppoer around 670,00
Day option put 670 (2-11-2022) is a good to go.
ciao!
After hours and hours of studying technical analysis. I decided to put my practice to use. I just finished my analysis of the AEX. Can't be any clearer, IMO. Not financial advice.
If at 10am today the price close below 667.455 the prices will be in momentum going down.
Sell at 667.450, first take profit 664.615, second take profit 661.669 and stop loss level 670.510
Simple TA.
Trendline, Fibonacci 50° maybe till 61.8° and a hidden bearish divergence
The trend is still down. in other words, you can see this as a bearmarket rally.
In the RSI it broke the rising wedge pattern, maybe more going up for retesting that wedge (also means overbought)
A bearmarket rallly means new fresh money is needed before coming down again
fibonacci liegt niet zo te zien wellicht kan de AEX naar de magische 750 punten toe.
Fibo gaat richting de wave 5 en is op koers zo te zien. Staat de AEX in Augustus op 750 punten Who Knows
Printing money as an answer seems to come to an end as the global situation shows an escape route for the US.
My take on how to dim down inflation is to pull back the new money fast.
thus the Corona support money and possibly even what have been printed before the corona crisis when Lehman fell
this sudden value increase wil give a sense of success to the common...
Pretty self explanatory, TP spot has been identified as the distance from the top of the head of the pattern to the base.
Inflation worries might be causing concern that the governments will be increasing interest rates to tackle which would obviously mean that the markets would react negatively.
Would only buy on the break of the base with a retest that...
This is a asset combo that may predict the future.
I think Gold wil stop before ATH and fall of a cliff or there wil come a time of a Gold and Oil war.
The AEX is for me the second best profromer in the space and may bound on bad news but also could follow the MOEX and US down
BTC i think has and will disconnect form the FUD and sky rocket to new ATH with GOLD....
A clear break below €755 could trigger a fall to €718, what happens next will be strongly related to the US markets and if they will show some recovery or a further downtrend later today.
