Economy

It’s not a good sign today in the stock markets

Come I wrote many times On these pages, until the first 10 days of August, we do not expect any permanent declines but today’s signal in the stock markets is not good. It has to be said that in the past few weeks, some false signals have shifted several times, so everything is still running and even Friday’s US employment data can happen anything.

Let’s go step by step.

At 8:20 PM on the June 30th trading day we read the following quotes:

future dax

15,526

The future of Eurostoxx

4.054

Ftsy Mibe future

25.015

S&P 500 . Index

4.293,79.

Our annual forecast still anticipates a rise for a few weeks

In red our annual forecasts for the weekly Global Equity Index for 2021.

In blue the US markets chart until June 25th.

Our predictions for this weekأسبوع

Expected scenario for the week of June 28

Weekly minimum should be formed between Monday and Tuesday and maximum on Friday. So far, these predictions have begun to falter and can be refuted.

weekly fractal

It is not a good sign today in the stock markets.

Repair begins? The following are the operational levels to be monitored:

future dax

The downtrend continues. A short bullish reversal with a daily close on July 1st above 15.706.

The future of Eurostoxx

The downtrend continues. Short bullish reversal with daily close on July 1 above 4.102.

Future Ftse Mib

The downtrend continues. A short bullish reversal with a daily close on July 1st above 25,290.

S&P 500 . Index

The uptrend is in progress. Short bearish reversal with daily close on July 1 below 4271.

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What trades should be held for Thursday?

And it goes on in no particular order but between tomorrow and the day after tomorrow the fate must be clear at least until the first ten days of August. For this reason, it is recommended that you only operate from a day-to-day perspective and stay on the sidelines from a multi-day perspective.

As usual, we’ll go step by step.

Thelma Binder

"Explorer. Devoted travel specialist. Web expert. Organizer. Social media geek. Coffee enthusiast. Extreme troublemaker. Food trailblazer. Total bacon buff."

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