Sunday, September 20, 2020

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 2 down - Minor Wave C down (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 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 a human and therefore feeble ex poste 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.