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Jan 3, 2019 4:40 AM

AEX Bounced Off Support, Potential For A Further Rise! Long

AEX-IndexEuronext

Description

AEX bounced off our first support at 473.11 (horizontal overlap resistance, 100% Fibonacci extension , 50% Fibonacci retracement ) where a further rise might occur above this level pushing price up to our major resistance at 509.41 (horizontal overlap resistance, 50%, 38.2% Fibonacci retracement , 100% Fibonacci extension ).

Stochastic (89,5,3) is testing our support and we might see a further rise in price.
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