The AEX is still holding above the lower trend line. With the options expiration out of the way, the AEX is clear to pick direction. The USA indices were up on Friday (SP500, Nasdaq) while the DOW was flat due to bad IBM Q1 results. The preferred scenario still favors a bounce up from here...

It’s the Third Friday of the month, so the AEX/FTI options expired.

The expiration period is from 15:30 to 16:00, after which the settlement price is set, which was 340.68. The optimal expiration price was 345, at this price most open contracts expired worthless, see chart below...

The AEX counts best as an ABCDE ending diagonal that needs 1 more leg up. See the April 12 article. Wave D either ended in February or is ending right now, in which case wave D is a triangle. Regardless, in both counts, wave E up is needed to complete the pattern.

Notice the extraordinary amount ...

This chart shows all the ‘astro hits’ for the week as described here and calculated here. The colors indicate rising (blue), transit (orange) and setting (red). We already know that Jupiter is the AEX ruling planet (see other articles) and for this week the weekly high is a Jupiter hit...

The AEX is on its way to an important Fibonacci time relationship date. Note two important highs, 13-Jul-2007 and 18-Feb-2011. Using a standard 61.8% (golden ratio) and applying it to the 2 tops, we arrive at 30-Apr-2013 (when using trading days) or 11-May-2013 (calendar days).
Also note a short ter...

While Royce Tostrams might be a “market guru”, there are 2 things he doesn’t know anything about. Cycles & Cars. Let’s start with cycles. He posted an article in the Dutch Financial Telegraph titled ‘Economic sunshine’. In my opinion he couldn’t be further from the truth...

To look at short term turn signals in the market, we can look at ‘classic’ technical analysis indicators such as RSI, CCI, Stochastics and Moving Averages. While they certainly can be useful, the problem with these indicators is that they are all lagging indicators...

The short answer is “No”, not by a long shot. As I have said earlier, I think the market will only bottom in 2021 and in this article I will explain why I believe that.

To look at important turning points in the market, it often helps to use fibonacci time ratios...

Typically, the planets shift slightly eastward from night to night, moving slowly against the backdrop of stars. Sometimes, however, they change direction. For a few weeks/months, they will move west before turning back around and resuming their easterly course. This is retrograde motion...

In financial astrology, planetary positions correlate to changes in the market. Certain positions and planets are more important than others. The most significant positions are the rising time, the transit time and the setting time...