FlowState

AEX approaching support, potential bounce!

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EURONEXT:AEX   Índice AEX
AEX is approaching our first support at 500.92 (horizontal swing low support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 521.87 (61.8% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (34,5,3) is also approaching support and we might see a corresponding bounce in price.

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