Publication Date: July 16, 2026 · Category: Traders' Insights
The AEX ultimately closed one point higher for the week. We had a short signal on Monday, and it remained in place throughout the week. However, due to a rise in the index on Friday, we ended up slightly higher. Things could have turned out very differently: if the short signal had persisted, a very weak index performance would have been possible in principle. That didn’t happen, which is good news for stock investors. But we do believe this is merely a reprieve.
No trend
It was a peculiar week, with the price constantly oscillating between the lower end of the weekly range we calculated and the calculated pivot point for the week. There is currently no discernible trend, neither short nor long.
The wave count suggests it’s most likely that we’ll see a bit more correction in this phase. But as long as we don’t see that, we won’t know for sure.
ASML in the Spotlight
ASML is set to report earnings this week, and that could be very significant for the AEX index. The last few times ASML reported earnings, it prompted investors to take profits. But that’s a statistic that ultimately means nothing; we have no idea how this will play out.
The positions
We had a few different trades, but the vast majority had the same premium this week. As always, we use the average as the basis for the service’s results. This market commentary applies to both RVM Retirement and RVM Strategy; they are currently identical. At this time, we have no long-term positions in the portfolio.
The week in numbers
The AEX closed the week slightly higher. For RVM Retirement and RVM Strategy, the position closed at a profit, while no clear trend was observable.
What’s the next step?
