Sunday, March 29, 2020

AEX Elliott Wave Musings Update

This presents the tentative AEX Elliott Wave count as I imagine it.

Supercycle Wave 5 up - Cycle Wave 2 down - Primary Wave C down (end of Cycle Wave 2 expected somewhere in 2021).

This would, by the way, fit in with the results of extrapolating the Benner-Fibonacci Cycle (top 2018, major trough 2021, top 2027, trough 2029 and top 2037).

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.