Economy

There are no reasons that can hinder the rise of stock markets, but here are the levels to watchمراقب

We still argue about whether that is the case, but in the end they are just background noise and these situations have no bearing on Graphs. What matters and what drives prices up or down is the direction and the risk premium. Both are in favor of further advances and therefore there are currently no reasons that could impede the rise of the stock markets.

Let’s go step by step.

At 8:01 p.m. on the trading day on June 8, we read the following prices:

future dax

15,661

The future of Eurostoxx

4.102

Ftsy Mibe future

25.850

S&P 500 . Index

4.226,25

Don’t expect the annual fractal to stop big before the first 10 days of August this year

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

In blue, US markets chart until June 4

Empty

The most important groups for the upcoming months are placed on June 22, then at the beginning of August and then on October 5.

Our predictions for this weekأسبوع

Weekly minimum should be formed between Monday and Tuesday and maximum on Friday. Beyond today’s trading day, we continue to confirm this expectation.

weekly fractal

There are no reasons that can hinder the rise of stock markets, but here are the levels to watchمراقب

What levels to watch for tomorrow and in the coming days that could change the current direction and therefore our view?

future dax

The uptrend is in progress. Short bearish reversal with daily close on June 9 below 15,575.

The future of Eurostoxx

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The uptrend is in progress. Short bearish reversal with June 9 close below 4.049.

Future Ftse Mib

The uptrend is in progress. Short bearish reversal with daily close on June 9 below 25.495.

S&P 500 . Index

The uptrend is in progress. Short bearish reversal with daily close on June 9 below 4.205.

What trades should be held for Wednesday?

Buying from a daily point of view and keeping Long from a multi-day point of view. How can prices move during Wednesday’s trading? We are waiting for a day that opens at the lows and closes near the highs of the day.

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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