AEX seems to form a Head & Shoulders pattern, similar like in 2005-2008. Pattern starts with forming the left shoulder in summer 2013. And right shoulder starts February 2016. Right shoulder could make a top around end of first quarter 2017.
A pattern to follow! How do you make the right shoulder into first quarter of 2017?
wimh
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Select the graph with the mouse and hold the left mouse button. Move the chart to the left. Then you can select any point in the future.
BBtrade618
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Thanks, thats clear. But how did you choose the height of the right shoulde? Coul you see on what level we could look for shorts in first quarter of 2017? Or is this a very rough indication.
wimh
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It's a very rough indication. I have no idea (yet) on what level shorts would be interesting.