AEX index shows possibly the start of the C-wave down starting a topping period. -- AEX index staat mogelijk aan de vooravond van een daling van enkele dagen/weken. Ik zie dit als de start van een langere termijn top formatie.
The Chart of the dutch AEX is showing a clear brake of a major multi-year down trendline. In yesterdays Dutch election 81% of Dutch citizens voted against populism and for the European Union as voters said asked in exit polls.
After the BREXIT the overall sentiment for European Stockmarkets had been mostly bearish.
After the BREXIT fears are mounting that more...
If you see this chart: Do you believe this is Netherlands AEX? The Stockmarket Index of a country, where most Traders expect the victor of the far right and anti islam party PVV from Geert Wilders?
The PVV follows and copy the politics of Donald Trump and is in favour for Vladimir Putin also.
Fact´s are, right now, clear: Dutch Voters getting more and more...
This Chart is self explaining. A fews days only after Donald Trumps Inauguration Netherlands opinion polls showing Geert Wilders opproval rates to fall sharply. Same time Netherlands Stockmarket Index AEX starts rising - and look how string this rise is until today.
If you read same time anglo-american investors opinion than the message is clear: Short the Euro,...
We hit a potential top and if no new information arises then this should be the more probable outcome in my opinion at the moment .. or something ike it
This a follow up in this forecast:
First downside target met, but then AEX shot up and took out the high, so previous analysis is not valid anymore.
Wait and see priceaction beginning of next week before jumping conclusions.
The price has broke the resistance of the bullish flag pattern. The trend will probably continue.
First target is 0.618. The 0.618 fib. extension is also in line with the resistancezone 505~510.
Buy higher and sell higher: who dares?
It was an interesting week where the bulls are in extreme control. A lot of shorts has been scared for taking positions, and thus volume is going lower and lower.
TradingEcology is waiting on negative divergence signals on daily timeframe before any short position would be considered. As displayed in the hourly timeframe...
However oil price are strong backed by cutting crude production and individual stocks are outperforming concencus it is likely to record a high on Monday 23th of January at 488,8 point in AEX.
If 488,80 harmo will coincide with overbought condition and a valid short in 2h timeframe, it is likely to sell to point D. However in mid of this week Gann points are...
"Three things cannot be long hidden: the sun, the moon, and the truth."
Buddha
So can we short the AEX-index with full moon?
TradingEcology applies understanding of natural patterns towards stock movement as learned by the masters of math: W.D. Gann and Fibonacci. As this trading week have ended, some very interesting patterns can run the show for...
