AEX: downbreak, 580/583 target zone

Hello everyone,

After a long period of bouncing sideways, a breakthrough happened today due to the rising support line accompanied by the MA50 (purple line). this results in a short signal whose final goal cannot yet be determined, I think a fall back to zone 583 is possible, here also lies the neck line of the previously formed inverted SHS pattern.

Support lines: 595/590/583
Resistance lines: 603/610

RSI: negative divergence showed peak formation, it is now important that the indicator stays above the development line

MA50: the short signal remains valid as long as it remains below this average, above it again long!

Success traders!

regards,
TT