NL25 trade ideas
AEX: Interesting set-up to cover exposure on European Stocks.I bought puts on the AEX to cover my portfolio exposure on long European stocks.
I advise you to consider allocating between 2%-3% of your portfolio value to options.
Risk management is key to outperforming the market.
Entry Level: 760
Stop Loss set at 805.
Expiry Date: May 19th 2023
First Take Profit at 740. Second Take Profit at 680.
*Important to pay attention to the price action at the level of 740. If it is recovered quickly, it will be bullish.
Consider moving the stop loss closer to the breakeven point if that happens.
I will leave half of the position to collect possible profits if it gets to 680.
NL25 RESISTANCE BREAKNL25 instrument, the 25 Blue Chip companies of the Netherlands index, broke its resistance at 738.438 which is a signal for a bullish trend. If this price movement continues, the price might try to test prices around 786 mark. In the opposite scenario, the price might revert to 668.53
Both MACD and RSI are also supporting the bullish trend, with MACD histogram being above 0 and RSI being above 50 neutral line.
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AEXSimple TA.
Trendline, Fibonacci 50° maybe till 61.8° and a hidden bearish divergence
The trend is still down. in other words, you can see this as a bearmarket rally.
In the RSI it broke the rising wedge pattern, maybe more going up for retesting that wedge (also means overbought)
A bearmarket rallly means new fresh money is needed before coming down again
Netherland buyInteresting 3 day to 1 week
Moving billions need time :)
Lookout for your fav setup. For me is to the upside
All the best.
Big cake. small bites
AEX naar de 750 ??fibonacci liegt niet zo te zien wellicht kan de AEX naar de magische 750 punten toe.
Fibo gaat richting de wave 5 en is op koers zo te zien. Staat de AEX in Augustus op 750 punten Who Knows