AEX Bounced Off Support, Potential For A Further Rise!

27 בדצמ׳ 2018

AEX bounced off our first support at 474.74 (horizontal overlap resistance, 100% Fibonacci extension , 50% Fibonacci retracement) where a further rise might occur above this level pushing price up to our major resistance at 509.41 (horizontal overlap resistance, 50%, 38.2% Fibonacci retracement, 100% Fibonacci extension ).
Stochastic (89,5,3) is testing our support and we might see a further rise in price.