by Ruud van Megen - Publication date: November 10, 2026
Good afternoon, dear followers of RVM Retirement. Here is our monthly overview for October 2026.
October ultimately turned out to be a good month for the AEX, even though we saw price pullbacks during the month similar to those in July. So the index is moving forward, but it remains a bit like the Echternach procession: one step forward, then a few steps back, and then up again.
In September, we received a trend-long signal, with a higher calculated price target. We subsequently took a trend position in an AEX ETF—the calmest and best way to establish a position based on a price target. The price target wasn’t reached in September, but the trend signal remained intact. In October, the price target was reached, but at the same time, a higher price target was generated. So we held the position until the price target of 1141 was reached, at which point we took profits.
We are still holding the gold position, even though, according to our trend system, gold has entered a downtrend. It’s never a bad idea to own gold, so we’ve held onto the position. Incidentally, we had opened the position at a price that seemed achievable, despite the trend short signal. As of late October, the position is still open at that same price.
It was a fairly typical month for Retirement, aside from the lower value of gold.
Closed option positions per week — RVM Retirement, October 2026: Week 1 + €17.09, Week 2 €0.00, Week 3 + €104.48, Week 4 + €16.18, Week 5 + €18.68. Monthly total of closed positions for October 2026: +€156.43.
The first week of November is almost over. For now, there is no higher price target for the AEX, and a trend-short signal has been in place for some time. In contrast to the AEX, the price of gold is currently higher in November.
See you in the weekly overview for the first week of November.
Best regards,
Ruud
The charts are schematic or show closed positions. Open positions are not shown in detail. This is not investment advice; past performance is no guarantee of future results.