The bull comes out of the fence and prepares for a dizzying year-proiezionidiborsa.it
The barometer of the first week of the year, together with the static setup of January 6, generate a very positive signal for the equity markets. If now everything is confirmed by the first annual setup, we could fly until March 6th. What will the bull market be like in 2023? Loud!
The first response of the year is positiveand the puzzle continues to unfold in line with our annual forecast, which sees the minimum in January and the maximum between November and December. The expected return is between 15 and 20%. The bull comes out of the pen preparing for a year that could be extraordinary. October 2022 could be, according to our statistical calculations, the minimum of this whole decade.
The barometer looks positive and opens the door to Bull-proiezionidiborsa.it
Strong bull day today. At 20:49 on 6 January we read the following prices:
Dax Futures
14,721
Eurostoxx Futures
4.039
Ftse Mib Future
25.210
S&P 500 Index
3,896.17.
How to adjust
The macroeconomic data continue to confirm what would appear to be the orientation of the central banks. We will be monitoring the macroeconomic data, but at the moment the rate hike would appear to be over as inflation tends to fall. Growth slows but moderately, and this factor does not appear to threaten corporate earnings which should continue to be moderately up and with a positive outlook. So, despite last year’s sharp rise in rates, as aired by Powell at the last meeting of the FED, we will expect a soft landing of the economy during 2023.
The bull comes out of the pen preparing for a dizzying year by goring the bear of the markets!
The worse could be behindbut from time to time we will proceed with the analysis of the state of affairs, and draw conclusions for the near future.
The puzzle comes together as per our annual forecast-proiezionidiborsa.it
What to expect from next week?
The minimum it should form Monday (starting the first trading hours of the week with an initial downward technical adjustment), and the maximum in the first trading hours of Friday.
The month should have already formed the minimum, while the maximum should form in the last few days close to the 31st.
What are the levels not to break downwards for the next few days?
Dax Futures
14,443
Eurostoxx Futures
3,952
Ftse Mib Future
24,750
S&P 500 Index
3,778.
A weekly increase of around 2.5% is expected.
