AEX is approaching our first resistance at 511.53 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 474.74 (horizontal overlap support, 100% Fibonacci extension, 50% Fibonacci retracement). Stochastic (55,5,3) is also approaching...
Key levels to look out for, please refer to our 4 hour chart for a strategic view!
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.
AEX is approaching our first resistance at 501.3 (78.6%, 50% fibonacci retracement, horizontal overlap resistance) and a strong drop might occur below this level pushing price down to our major support at 477.2 (78.6% fibonacci retracement, 61.8% fibonacci extension,horizontal swing low retracement). Stochastic (55,5,3) is also approaching resistance and we might...
Monthly chart of the AEX-INDEX If you see the chart you'll understand. Some points - MACD is crossing again. - AEX touched resistance zone, same as in 2008 - AEX failed to continu uptrend channel Look also to my idea of S&P500, link bellow. If you have any questions please leave a comment, I'll answer asap. Please like and follow for more ideas
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.
AEX is approaching our first support at 474 (horizontal overlap resistance, 100% fibonacci extension, 50% fibonacci retracement) where a strong bounce might occur pushing price up to our major resistance at 61.8%, 38.2% fibonacci retracement, horiozntal overlap resistance). Stochastic (55,5,3) is approaching support where we might see a corresponding bounce in price.
These are the key levels to look out for when analysing AEX, please refer to our 4 hour chart for a strategic view!
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 bounced off our...