AEX is approaching our first resistance at 538.15 (100% fibonacci extension, 61.8% fibonacci retracement, horizontal pullback resistance) where a strong drop might occur pushing price down to our major support at 500.92 (Horizontal swing low support, 61.8% fibonacci extension, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we...
AEX is approaching our first support at 500.92 (horizontal swing low support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 521.87 (61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance and we might see a...
Key levels to look out for, please refer to our H4 chart for a strategic view!
AEX is approaching our first resistance at 534.15 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension , 50% Fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 512.94 (61.8% Fibonacci extension , 61.8% Fibonacci retracement ). Stochastic (21,5,3) is also approaching resistance and we...
AEX is approaching our first support at 506 (horizontal swing low support, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our first resistance at 533 (horizontal overlap resistance, 38.2% Fibonacci retracement). Stochastic (55,5,3) is also seeing a bullish divergence and we might see a...
AEX is approaching our first support at 517.10 (horizontal swing low support, 61.8%, 100% Fibonacci extension ) and a strong bounce might occur above this level pushing price up to our major resistance at 552.37 (horizontal overlap resistance, 50% Fibonacci retracement ). Stochastic (55,5,3) is also seeing a bullish divergence and approaching support where a...
Key levels to look out for AEX . Please refer to our 4hr chart for a strategic view!
Dutch index has double top formation and it is just above the neckline. After breakout formation will be more reliable. Target price has been given on the chart. Good luck !
Aalberts has reached some support. it has good fundamentals and the technical indicators look well too.
Farm-out RNS no longer priced in due to oil drop recently. I got 2 support lines but feel that price had an over reaction drop. 2.19p (hit this morning & bounced) & 1.75p as support 3.51p Target price Completely unbiased as I do not hold this stock.
The SP:SPX / FOREXCOM:SPXUSD futures seem to make a rising wedge pattern. After this, it may make a C&H pattern to complete a bottoming pattern for the coming days.
I think there are 2 possible scenario's for the SP:SPX on a bigger timeframe. Note that this is pure speculation. Only trade after confirmation. Scenario 1: Back to the previous bottom and then bounce back up to form a head and shoulders pattern. Break out to lower territory imminent after a H&S. Scenario 2: A weak market will cause the resistance to break...
My updated view on SP:SPX / OANDA:SPX500USD futures
SP:SPX , OANDA:SPX500USD futures are looking to go lower. Trump moved the markets yesterday with a small "relieve" rally. However, the markets couldn't hold on the gains and it became a loss. This is signaling weakness in the market. The SPX futures are now making a bear flag and will probably breakout soon to go lower. Remeber, trade after confirmation (breakout).
Five primary degree impulse wave closing to end... Expecting a BIG CRASH
Brand new IPO stock EURONEXT:ADYEN is forming a pennant. It can go either way from this point so do only trade it after a breakout. I'm not planning to trade Adyen in the near term because there are big risks involved: Newly listed stocks can do wild things, so use a tight stop loss. The free float of this stock is very low. All shares are allocated to...
BOKA is showing a significant break through the 23 level, aiming for the 21-20 area at least. If this clearly breaks the level, we can expect a further move down. What might potentially happen: - Price goes down and finds support around 21-20 area - Price continues going down ; first targets are around 18