IAEX CFD-version. Look at the tracements. tracements are based on Fibonacci because markets has given some corrections wich also relate to volatile markets (difficult to use quantitve technical analysis)
AEX index shows possibly the start of the C-wave down starting a topping period. -- AEX index staat mogelijk aan de vooravond van een daling van enkele dagen/weken. Ik zie dit als de start van een langere termijn top formatie.
This a follow up in this forecast: First downside target met, but then AEX shot up and took out the high, so previous analysis is not valid anymore. Wait and see priceaction beginning of next week before jumping conclusions.
If AEX is not capable to make a higher high this week, we might see a correction towards 490 and later maybe 485.
The price has broke the resistance of the bullish flag pattern. The trend will probably continue. First target is 0.618. The 0.618 fib. extension is also in line with the resistancezone 505~510.
If we look at the indexchart of the AEX (dutch25) we are seeing high consolidation. This means that markets are on this moment unpredictable and are waiting for more information. Why can't we predict the markets? Because we saw at the past that markets dind't react as expected on politics and economic data. This means that the most people are afraid to place...
Price first dropped on monday. Still expect a limited move up before the drop. Forecast Randstad for the coming weeks remains: limited move up to 54.85, then move down to 52.00. Move down should be completed in the around Februar 9. This update is a follow up on this chart:
Forecast KPN next few weeks: More downside. Expect drop to 2.35. Either direct drop, or after a retrace to 2.75. This an update on this forecast:
Coming weeks I expect a move to the upside since liquidity is resting above the market
Dollar-index is making lower lows, AEX is not yet following. Expect the AEX to jump in line soon.
Longterm Forecast ING Group: Move up to 15.25, then drop 11.25
Forecast Randstad for the coming weeks: limited move up to 54.85, then move down to 52.00. Move down should be completed in the around Februar 9.
Expect KPN to drop to 2.70 and maybe lower, but first limited move up.
Expect a move down to 482 - 480, then move up to close gap
AEX is forming Head & Shoulder pattern with neck line around 437.5. When neck line doesn’t hold, the AEX could drop until around 410. This will form the head of another Head & Shoulder pattern.
30/09/16: Db just had a huge correction forcing Germany or ECB to step in pritty soon. With this burden on an all time low its less to bother about for indices. Sure if db crashes then you can say goodbye to this entire plan, but probably many plans will be garbage then. And does the world really need a new financial crash? I dont think so... We recently had an...
AEX seems to form a Head & Shoulders pattern, similar like in 2005-2008. Pattern starts with forming the left shoulder in summer 2013. And right shoulder starts February 2016. Right shoulder could make a top around end of first quarter 2017.