Sunday, March 7, 2021

AEX Elliott Wave Musings

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

Grand Super Cycle 3 up - Super Cycle 5 upCycle Wave 5 up - Primary Wave 5 up - Intermediate Wave 3 up (end of Cycle Wave 5 expected somewhere in 2027).

(Top Cycle Wave 1 in 1976, Bottom Cycle Wave 2 in 1982, Top Cycle Wave 3 in 1999, Bottom Cycle Wave 4 in 2009 and Top Cycle Wave 5 in 2027?).

For a graphical display look at the AEX Monthly Chart (AEX Monthly Chart I).

Don't hang your hat on this kind of analysis. It will be wrong more often than not. It is a human and therefore feeble ex poste attempt to create some order out of seemingly random market movements.

This is not investment advice. Do your own research. Please also read the disclaimer at the bottom of the blog.