xtrader1

Will AEX follow the Dollar-Index down?

Short
xtrader1 Updated   
TVC:DXY   U.S. Dollar Index
Dollar-index is making lower lows, AEX is not yet following. Expect the AEX to jump in line soon.
Comment:
AEX refuses to make lower lows sofar. Expect correction soon (in the month of january 17)
Comment:
AEX still going strong.

In lockstep with the Dow it made a higher high, but it did not reached a record. Not even took out previous high at 490.

Expect a run on the high at 490, next target is gap closing at 495, then a correction below 480, secondary target 465, is in the cards.

Check these charts for related forecasts:

AEX Longterm:
Dow Midterm:
Comment:
There it is.

AEX makes a lower high, just like the DOW.


Sultan of Swing
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