Sunday, February 16, 2020

AEX Elliott Wave Musings Update

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 5 up (end of Cycle Wave 1 expected by the 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.