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Outlook AEX this week [25/6 - 29/6]

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AEX outlook for the week to come [25/6 - 29-6]:

A little premature, have to wait for price action to unfold, but this is what i expect for (first half of) next week.

Move back into the middle of the range.

Move up to run previous weeks highs.

Chart: Outlook AEX this week [18/6 - 22/6]
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Update AEX - monday open:

Price hit first downside target (555.25) on the open.

Looking for a retrace up, then a further decline to close Friday's gap.

Chart: charts.mql5.com/18/582/aex-m15-ava-tr...
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Update AEX - Monday London-session:

Price hit 555.25, then reversed up to the upside target (558) closing today's gap.

Then reversed down again as predicted, on it's way to Friday's gap at 552.50.

It's early in the week, so we have to wait how price reacts after gap-close.

Price could go deeper to work the lows at 550.80.

Intraweek i'm bullish AEX, expecting a run up to previous weeks highs above 560.

Chart: charts.mql5.com/18/583/aex-m5-ava-tra...
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Update AEX - Tuesday LO-session:

Yesterday price closed the Friday-gap and broke lower from there.

It met it's weekly range and is now moving up again.

This is probably a retrace before the next leg down.

Looking for a bounce down around 552.00 - 552.50.

Then continuation lower.

Still expecting Yearly-open at 543.25 to be hit in June.

Chart: charts.mql5.com/18/591/aex-m30-ava-tr...
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Update AEX Tuesdaynight:

Sentiment feel bearish, but technical it looks like next leg up on the LTF.

Looking for 552.75 as minimum upside target.

Chart: charts.mql5.com/18/596/aex-m5-ava-tra...
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Update AEX - Wednesday LO-session:

Leg higher on the LTF did not materialize.

Price gapped lower on the open.

Price apparently reaches for the year-open at 543.50.

A bounce up from the year-open is likely.

Chart: charts.mql5.com/18/599/aex-m1-ava-tra...
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Update 2 AEX - Wednesday LO-session:

Indices closing in on important (support) levels:

AEX approaching Year-open (543.50).

DAX approaching Month-open (12120).

S&P500 approaching Quarter-open (2710).

Looking for a synchronized bounce up from these levels.

If price breaks down these levels with force it is significant.

Chart: charts.mql5.com/18/599/s-p500-m4-ava-...
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Update AEX - Wednesday Recap:

Monthly downside target as called last week (543.50)  was (almost) hit today.

Level was missed by a few ticks.

It is suspect that price did not spike that level.

We saw a nice bounce of that level (in concert with DAX & SP500)

Looking for more upside tomorrow.

Chart: charts.mql5.com/18/603/aex-m15-ava-tr...
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