It is now STOP for the markets or…-proiezionidiborsa.it
Come on, Taurus, Taurus, Taurus. Our thesis continues to be supported, and at the moment there are no dangers but only opportunities to be seized for the short and medium-long term. In October, when markets had reached down as much as 30%, close to the expiry of our 17-year setup, our proprietary oscillators turned to the long-term bullishness. After a sharp rally from the lows of October, and then from those of December 19, where prices have risen more than 10%, is it now STOP for the markets?
Everything already seems obvious and in line with the cyclical behavior that can be read in the historical series. Stock prices move at least 6/9 months ahead of the economy. And now where everything still appears in doubt, prices will continue to rise, in a pattern that sees the multi-year low probably already marked.
The long-term trend needs short-term adjustments
Markets move almost like the seasonsand live almost like a plant or a vegetable: it needs phases, irrigation times, pruning and harvesting in a cycle that lasts for its entire life.
In the short term, even on the markets there are those who collect, and they form up and down retracements, depending on whether there is an ongoing down or up trend as the primary trend.
What triggers a retracement?
Divergences on oscillators, then signals on them, and then breaking of short-term supports.
These phases are an opportunity to accumulate investment positions upwards or downwards.
The balance of the uptrend will be maintained by the indicated supports-proiezionidiborsa.it
Is it now STOP for the markets? Monday and Tuesday will give valuable indications
At 18:49 on January 13 we read the following prices:
Dax Futures
15.159
Eurostoxx Futures
4,162
Ftse Mib Future
25,795
S&P 500 Index
3,977.63.
How could next week’s trend be?
Pattern expected for next week-proiezionidiborsa.it
Retracement / bearish lateral phase between Monday and Tuesday and then new rise.
Below are the supports not to be violated downwards in the next few days:
Dax Futures
14,856
Eurostoxx Futures
4.106
Ftse Mib Future
25,490
S&P 500 Index
3,928.
Monday and Tuesday will give valuable indications. Oscillators are overbought and bearish divergences are eyed. If the supports just indicated keep rising, the forecasted trend will be confirmed, otherwise we will wait for a deeper retracement and throughout the next week.
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