The AEX is starting to form a pattern I recognize as the Rising Wedge pattern.
This could be an interesting short-term short. Wait till the yellow line has been broken before entering the short.
target price would be either 534, caused by the strong daily support (red horizontal line) Or it would be 525 creating a new daily support line.
This could be an interesting short-term short. Wait till the yellow line has been broken before entering the short.
target price would be either 534, caused by the strong daily support (red horizontal line) Or it would be 525 creating a new daily support line.
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