Investors hope for recovery: AEX price climbs to 819 points after Trump break

Just like the rest of the financial world, the AEX race was given considerable blows. Whereas the Amsterdam stock market index managed to record an all-time high of more than 950 points in February, the AEX dived during the Donald Trump trade war below 800 points.

In the meantime there is another course of 819 points and it is hoping for a race floor.

Hope for a soil for the AEX

At the moment it is anything but certain that the AEX course has already arrived at a bottom. To get a little more certainty about the recovery of the market, it is important that the AEX manages to get back to his EMA cloud, see the graph below.

In it we see the 21-day, 55-day, 100-day and 200-day average for the AEX. These are all averages that together form a beautiful cloud that guide bull markets.

In the meantime, the AEX has clearly fallen from this cloud, and for a bottom it is not necessarily necessary to take back it, but that would be a welcome confirmation.

Also resistance to the American stock exchange

The American stock market has also lost these race averages. Although the S&P 500 just less than 20% fell and was able to prevent a bear market, it has also lost those exponential averages discussed, just like the AEX.

For the S&P 500 there may be an interesting test soon, if it gets the chance to crawl over his 21-day exponential moving average again (Orange).

That would form a first step in the right direction and give the market the idea that a further recovery is possible. We may get a green week at the stock markets, because Hong Kong rose by 2% this morning after Donald Trump announced his break last week.