The AEX price started the new day today with a very slight decline. And that in itself is not surprising, because the AEX currently seems to be running into resistance at 890 points. Just like Bitcoin, the AEX has started the new year well, but the real confirmation has yet to come.
Important moment for the AEX
At the time of writing, the AEX is approaching resistance at 892 points. That is where the 100-day average of the price lies, and that now appears to be the next hurdle to the top for the AEX.
If it can exceed that price, then the 200-day average is the next resistance for the Amsterdam stock market index.
Only above the price of 900 points does it seem that the AEX can really hope for a resumption of the bull run.
A resumption of the bull run
We now have one on the daily chart higher low made with the AEX. That in itself is a good development. And the next step would now also be a higher high are..
To produce a higher high, the AEX price must rise past the 900 point mark. And for that it also needs to cross the 200-day average. In that respect, this now seems to be the focus for the Amsterdam stock exchange index.
The coming weeks will reveal whether the good start to 2025 was a temporary phenomenon, or whether we are dealing with the start of a new upward trend.
Claim €10 free today and pay no trading fees on the first €10,000!
Grab this unique opportunity with Newsbit and Bitvavo by creating an account now via the button below. Deposit just €10 and immediately receive €10 free. In addition, you can trade your first €10,000 in trades for 7 days without any fees. Start today and benefit immediately from the growing popularity of crypto!
Create your account and claim your €10 free.
Don’t miss this opportunity to benefit directly from the growing popularity of Crypto!
Source: https://newsbit.nl/aex-koers-opent-met-lichte-daling-en-leunt-tegen-weerstand/
