• AEX approaching resistance, potential drop!

    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 see a corresponding drop […]

  • AEX approaching resistance, potential drop!

    AEX is approaching our first resistance at 495.2 (61.8%, 38.2% fibonacci retracement, 100% fibonacci extension, horizontal pullback resistance) and a strong drop might occur below this level pushing price down to our major support at 471.9 (61.8% fibonacci retracement, horizontal swing low support). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding […]

  • AEX approaching resistance, potential drop!

    AEX is approaching our first resistance at 495.2 (61.8%, 38.2% fibonacci retracement, 100% fibonacci extension, horizontal pullback resistance) and a strong drop might occur below this level pushing price down to our major support at 471.9 (61.8% fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is also approaching resistance and we might see […]

  • AEX approaching support, potential bounce!

    AEX is approaching our first support at 475 (50% fibonacci retracement, 100% fibonacci extension, horizontal overlap support) and a strong bounce might occur above this level pushing price up to our major resistance at 534 (61.8% fibonacci retracement, 100% fibonacci extension, horizontal overlap resistance). Stochastic (89,5,3) is also approaching support and we might see a […]

  • AEX approaching support, potential bounce!

    AEX is approaching our first support at 475.2 (50% fibonacci retracement, 100% fibonacci extension, horizontal overlap support) and a strong bounce might occur above this level pushing price up to our major resistance at 534.4 (61.8% fibonacci retracement, 100% fibonacci extension, horizontal overlap resistance). Stochastic (89,5,3) is also approaching support and we might see a […]

  • AEX approaching resistance, potential drop!

    AEX is approaching our first resistance at 516.8 (horizontal pullback resistance, 100% fibonacci extension, 61.8% fibonacci retracement) where a strong drop might occur pushing price down to our major support at 494.2 (100% fibonacci extension, 61.8% fibonacci retracement, horizontal swing low support). Stochastic (55,5,3) is also approaching resistance and we might see a corresonding drop […]