ends tomorrow Monthly setup This may lead to new price strength or new lows. Everything remains to be decided even if some of the oscillators return to the upside. In fact, after the recent developments, our research department anticipates the following scenario: a new bullish phase could be at the doors of the markets but it is better to wait for more confirmations.
So, if nothing changes tomorrow and the levels indicated in the following paragraphs are confirmed, we could see a 3/5% increase in the next 30 trading days. On the contrary, to drop the same size.
Let’s go step by step.
At 6:31 PM on the trading day on January 13th we read the following prices:
Dax future
15,941
The future of Eurostoxx
4.283.5
Ftsy Mibe future
27,610
S&P 500 . Index
Annual fractal projects decrease for a few months
In red, our annual forecast for the global stock index on a weekly scale for 2022.
What were we waiting for this week?
As there is uncertainty, the strategy is set to move forward day in and day out.
A new bullish phase may be at the doors of the markets. What are the levels that can refute this opinion?
Dax future
Very short downtrend until there is a daily close above 16.003. Long-term cons only with weekly close below 15844.
The future of Eurostoxx
Very short downtrend until there is a daily close above 4.316. Long term only declines with weekly close below 4263.5.
Future Ftse Mib
Very short downtrend until there is a daily close above 27.665. Only long-term negatives with weekly closes below 27,190.
S&P 500 . Index
Very short uptrend until we see a daily close below 4.638. Only permanent rises with a weekly close above 4819.
Investment position in progress from a multi-day perspective
Consistent on the analyzed indicators but there are volatility in making that by tomorrow should confirm the start of a new bullish phase or not. The trend will likely be determined tomorrow as well.
How is Friday trading?
It is difficult to make reliable predictions.
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