What will happen in the Netherlands and deflation or inflation?

CHARTDESCRIPTION

If the (ETF) AEX will break this level i only prefer to go long if the RSI, MACDI,(Slow) Stochastic and Bollinger Bands
will give me a positive signal.

I'm on this moment concernd about the level we have reached,
because there are many signs that the current stockmarkets are overvalued (for example the new ticker SNAPCHAT wich is to much overpriced)

Also the ECB has now a new problem.
They turned 'deflation' into 'pushinflation'.
Wich concerned me, because wages hasn't rise at all. There is only more demand for labor (read: seasonal work).