April 23, 2024

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Decisive days for stock markets. Levels that will lead to highs or lows

Frequency It should end tomorrow And leave space for directional phases. Are these days crucial for the stock markets and could today’s drop be the signal we have been waiting for? Has the trend phase started and will this lead to strong declines?

Let’s go step by step.

At 5:33 PM on the trading day on January 18th we read the following quotes:

Dax future

15,756

The future of Eurostoxx

4.245

Ftsy Mibe future

27.340

S&P 500 . Index

4.582.07.

Discounts are expected in the first months of the year

In red, our annual forecast for the global stock index on a weekly scale for 2022.

In blue the chart of US markets. These 76% are related to international price lists.

What are we waiting for this week?

There is a bearish sideways phase underway for several days, so the graphical situation appears to be unclear. For this reason, the sample path will be implemented in steps and we will think little by little as events unfold.

Decisive days for stock markets. Levels that will lead to highs or lows

Dax future

Very short downtrend until we see a daily close above 15.961. Long-term cons only with weekly close below 15711.

The future of Eurostoxx

Very short downtrend until daily close above 4283.5. Long term only declines with weekly close below 4216.5.

Future Ftse Mib

Very short downtrend until there is a daily close above 27.610. The cuts continue only with a weekly close below 27145.

S&P 500 . Index

Very short downtrend until daily close above 4665.13. Gains continued only with a weekly close above 4748.83.

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Investment position in progress from a multi-day perspective

Everything keeps holding and the hesitation is really strong. For this reason, the status of our trading systems remains constant.

What are we waiting for on Wednesday and how can prices rise and move?

It is difficult to make reliable forecasts even if we believe that directionality should start in one direction or another from tomorrow.