AEX Short Term Update

Wow, almost a month went by since the last update. That being said, the last update was on track and is still valid. Here’s the image from that article:

And here is the update for today:

The AEX is on its way to the upper of a large parallel trend channel. More, this line crosses the Jupiter line (red) around 393. The Jupiter liens have been discussed many times earlier and have so far been good at projecting tops and bottoms. Also note that October 4th is a new Moon (yellow dotted). From today on there might be one more down-up before topping between 390 and 400. Wait and see.