This update should be read in conjunction with AEX Elliott Wave Musings which was revised on 13 October, 2019.
It presents the tentative AEX Elliott Wave count as I imagine it.
Supercycle Wave 5 up - Cycle Wave 1 up - Primary Wave 5 up - Intermediate Wave 3 up - Minor Wave 4 down (end of Cycle Wave 1 up expected by end of 2022).
Just for the fun of it. These are my guesstimates for the end of Intermediate Waves 3, 4 and 5 (650, 600 and 725).
For a graphical display look at the AEX Monthly Charts (AEX Monthly Chart I and AEX Monthly Chart II).
Don't hang your hat on this kind of analysis. It will be wrong more often than not. It is only a human and therefore feeble attempt to create some order out of seemingly random market movements.
I do not trade or invest according to these views. For that purpose I only use the Trend Trade & Investment Strategies which are explained at the bottom of this blog. Please also read the disclaimer there.
