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FlowState
Jan 11, 2019 4:49 AM

AEX bounced off support, potential for further rise! Long

AEX-IndexEuronext

Description

AEX bounced off our first support at 474 (horizontal overlap resistance, 100% fibonacci extension , 50% fibonacci retracement ) where a further rise might occur pushing price up to our major resistance at 61.8%, 38.2% fibonacci retracement , horiozntal overlap resistance).
Stochastic (55,5,3) bounced off support where we might see a corresponding rise in price.
Comments
Will_Wortel
I expect downwards movement...

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