Economy

There are still no risks in the international stock markets. What should you worry about instead?

We have reached our first important gathering which is tomorrow January 6th. What will happen? At the moment, there are no risks in the international stock markets yet, so the focus will be on support levels and a bearish reversal, allowing profits to continue.

At 4:46 pm on the trading day on January 5th, we read the following prices:

Dax future

16.240

The future of Eurostoxx

4.376

Ftsy Mibe future

28,080

S&P 500 . Index

4.787,37.

Stock markets before the annual fractal test? Will there be a maximum period this week?

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

Max in the first two weeks of the year and down through June/July.

What are we waiting for this week?

The downside phase is between Monday and Tuesday and then until Friday. Currently, the putative sample path has been confirmed.

weekly fractal

There are still no risks in the international stock markets. What should you worry about instead? Returns only below the levels indicated below

Dax future

Very short uptrend until we see a daily close below 16.063. The cuts continue only with a weekly close below 15046.

The future of Eurostoxx

Very short uptrend until we see a daily close below 4.336. Long-term cons only with weekly closes below 4026.

Future Ftse Mib

Very short uptrend until we see a daily close below 27.805. Only continued rises with a weekly close above 27315.

S&P 500 . Index

Very short downtrend until daily close above 4818.62. Only long-term negatives with weekly closes below 4,733.

See also  Credit repayment deferred until December 31: Secured loans of up to 10 years

Investment position in progress from a multi-day perspective

Keep a long open on December 23rd on the stock indices analyzed in this column.

How can the trading day be carried out on Thursday?

After an initial bullish phase, we could see a downside phase for the rest of the day.

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Your email address will not be published.

Back to top button
Close
Close