AEX Daily Update

AEX @ 351,09. Short Term Trading. (AEX Daily Chart Zoomed In; AEX Daily Chart Zoomed Out). Daily SMA-55 negative and Channel downslope (valid below 354). TTIP mode.

AEX @ 351,09. Intermediate Term Trading & Investing. (AEX Weekly Chart). Weekly SMA-55 positive and Channel upslope (valid above 346). TTIP mode.

AEX @ 351,09. Long Term Equity Investing. (AEX Monthly Chart). Monthly SMA-55 positive and Channel upslope (valid above 315). TTIP mode.

Cycle News Short Term (#102TD#34TD). Both will top around the 24th of June. See AEX Daily Chart Zoomed In.

Cycle News Long Term (#7,5Y#30M#78W). Until proven otherwise I will assume we are in a cyclical bull market (since 2009) within a broader secular bear market (since 2000). This means that the 7,5 Year Cycle we are currently in will probably be rightcentered and will only cave in on the downleg of its last 30 month Cycle. I therefore expect a top in 2015 close to 435 and a bottom in 2016 or 2017 around 175. This bottom will be the end of the bear market and will start a new secular bull market. See AEX Monthly Chart.

For an explanation of the abbreviations, the Trend Trade & Investment Principle and the Consolidation Trade Principle see the bottom of this blog. Please also read the disclaimer there.

GOLD, COPPER, BRENT, WHEAT, SOYB, XEU, SPX and USB

GOLD @1368,40. Intermediate Term Trading. (GOLD Weekly Chart). Weekly SMA-55 negative and Channel downslope. TTIP mode.

COPPER @ 3,16. Intermediate Term Trading. (COPPER Weekly Chart). Weekly SMA-55 negative and Channel neutral. CTP mode.

BRENT 106,02. Intermediate Term Trading. (BRENT Weekly Chart). Weekly SMA-55 negative and Channel upslope. CTP mode. The most recent bearish ttip mode, that was in place since 02-11-2012 as of 105,68, ended 07-05-2013 as of 104,40 with a profit of 1,28 dollar points (1,21%).

WHEAT @ 687. Intermediate Term Trading. (WHEAT Weekly Chart). Weekly SMA-55 negative and Channel neutral. CTP mode. The most recent bearish ttip mode, that was in place since 18-09-2012 as of 863,50, ended 30-01-2013 as of 787 with a profit of 76,50 dollar points (8,86%).

SOYB @ 1511,25. Intermediate Term Trading. (SOYB Weekly Chart). Weekly SMA-55 positive and Channel neutral. CTP mode.

XEU @ 133,96. Intermediate Term Trading. (XEU Weekly Chart). Weekly SMA-55 positive and Channel upslope. TTIP mode. We are in a bearish ttip mode since 12-11-2012 as of 127,10 with a trailing stoploss at the Daily SMA-55. The most recent bullish ttip mode, that was in place since 16-10-2012 as of 130,55, ended 12-11-2012 as of 127,10 with a loss of 3,45 dollar points (2,64%).

SPX @ 1.651,81. Intermediate Term Trading. (SPX Weekly Chart). Weekly SMA-55 positive and Channel upslope. TTIP mode. The most recent bullish ttip mode, that was in place since 17-10-2012 as of 1460,91, ended 08-05-2013 as of 1632,69 with a profit of 171,78 dollar points (11,76%).

USB @ 139,68. Intermediate Term Trading. (USB Weekly Chart). Weekly SMA-55 negative and Channel neutral. CTP mode. We are in a bearish ttip mode since 17-10-2012 as of 147,49, with a trailing stoploss at the Daily SMA-55.

For an explanation of the abbreviations, the Trend Trade & Investment Principle and the Consolidation Trade Principle see the bottom of this blog. Please also read the disclaimer there.