Friday 6th of January (end of the week) AEX-Dutch Index

Risk management and tempering wishfull thinking during daytrading
and in the weekend doing analysis is all that counts


The markets are slowely squaring out the bull run up in time and thus behaving sideways. AEX-index reached the W.D. Gann price spiral line which was highly accurate for the top in this week. However it is not a sure thing this will not go up anymore. Harmonic price levels has been densily clustered and thus here projected in a range of 493,00 - 495,25. If the market is pushed through 490 coming days TradingEcology is expecting short covering and thus a little buying power can be overextended to the projected harmo levels by covering of shorts (=buying back a short).

In the graph AEX is displayed as cfd-data which stops the record at the closing bell 17:30pm Ams-time. However the FTI (future of AEX) is closing on 22:00pm Ams-time. TradingEcology has followed the market in the evening session and noted a high in Point C (487,80) which is on a fibo level and was valited by a hot short signal in my candle systematic on 5,10 and 15min timeframe. What's more the closing at 22.00pm set the record of an hourly short at 8. So if AEX will rise on Monday morning it will record an hourly valid short at 9 o'clock and an extreme scenario at 13 o'clock. Only if markets are going up; how far can they go up?

It is likely to say it will not breach 490 on Monday morning opening in accordance with following facts:

• On 3days timeframe TradingEcology has an extreme short count on in AEX-FTI future
  
• On 2 days timeframe TradingEcology has an extreme short count completed on Monday in the AEX-index (Dutch Index)
  
• On 2 days timeframe TradingEcology has an extreme short count completed on Monday in the DAX-index (German index)
  
• On 4 days timeframe TradingEcology has a short count onin the Nikkei225-index (Japanese-Index
  
• On 1 or 2 days timeframe TradingEcology detected a break in the sto. or an rsi indicator followed after former confirmed short at 27th of December 2016
  
• On weekly timeframe TradingEcology systems can turn long eur/usd if last week low will hold, and on lower timeframe a long setup is on fire.
  

* On 3 days timeframe TradingEcology has a short count running on crude oil

Important newevent on Monday before opening bell ringing at 8:00:01 am

• Chinese CPI (Jaarlijks) (Dec) at 2:30 am in early morning which could influence Nikkei225 trading sessions
  
• Nederlandse Industriële Productie (Maandelijks) (Nov) at 6:30 am
  
• Duitse Industriële Productie (Maandelijks) (Nov) at 8:00 am
  

With some uncertainty TradingEcology has an overnight short position in AEX via this structered product: bnpparibasmarkets.nl/Indices/AEX/Booster-Short/NL0012101059 and a profit target arround 483
this position is in accordance with common sense risk management criteria

Best to your trading.

With kind regards,

Trading Ecology
Trading natural patterns unnaturally perfect


P.S. feel free to download the yearly major projection lines in the AEX and learn about the four major forces that influence the simple AEX-index in Amsterdam. TradingEcology shares an universal roottime calculation in this report for all traders and investors interested in price&time relations.