Warning! AEX shows topping formation

2020年1月1日

Hi everyone,

Today I want to warn you that the AEX-index shows double top formation.
At first, AEX looked quite strong: breaking out of the rising wedge, but now it broke back into the wedge and formed a bearish formation.
Trade safe and take some profits I would say.

2020年1月2日

注释

Yet it shows strength again, breaking out of the wedge again, let's see if it can form a new ATH

2020年1月9日

注释

I think the wedge should be drawn more like so, this means that there is still considerable room to go up to, but this is still a bearish formation

2020年1月23日

注释

Let's see if this is also a fake-out or a genuine break to the downside