Economy

The decline in stock markets continues to gain momentum. What levels will bring prices back up?

after Initial Bounce Attempt In the early hours of trading this morning, the decline in the stock markets continued to gain momentum.

At 3:47 PM on the trading day on January 10 we read the following quotes:

Dax future

15.812

The future of Eurostoxx

4.248

Ftsy Mibe future

27,305

S&P 500 . Index

4.620,24.

This week will be crucial

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

The expected sample path is as follows: maximum in the first two weeks of the year and then down to June/July.

What are we waiting for this week?

As it is already written on the weekend, we will go day by day. The days to watch out for will be Monday and Tuesday, and today’s signal was a confirmation of the downside. Therefore, tomorrow will be decisive and will give us very accurate and reliable indications of the next direction the markets will take with a target of at least a month, if not more.

The decline in stock markets continues to gain momentum. What levels will bring prices back up?

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

See also  Unicredit, standard cuts in staff: who risks

Very short downtrend until there is a daily close above 4708. Only permanent highs with a weekly close above 4819.

Investment position in progress from a multi-day perspective

Apartment for Dax, Eurostoxx and Ftse Mib. Selling on S&P 500 from first prices on January 10

How can day trading be done on tuesday?

Opening on highs and closing on lows.

Thelma Binder

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

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also
Close
Back to top button
Close
Close