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)
If the (ETF) AEX will break this level i only prefer to go long if the RSI, MACDI,(Slow) Stochastic and Bollinger Bands
will give me a positive signal.
I'm on this moment concernd about the level we have reached,
because there are many signs that the current stockmarkets are overvalued (for example the new ticker SNAPCHAT wich is to much...
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...