The central banks will push the markets upwards-proiezionidiborsa.it
While the international markets, after the setup of October 17th, and then that of December 19th, continue to draw increasing minimums and maximums, bearish targets continue to crowd to make your skin crawl. Some project the S&P 500 up 2,000 points (today it is close to 4,000 pts), others down by 20%. The reason? Inflation and interest rates in the first place, and then it escapes us what reason is indicated by many as the catalyst for a strong market crash at the gates. Basically, according to some, the markets have to go down and that’s it! Our view is as follows: Central Banks will push markets higher.
Today’s price and inflation reading was according to estimates, and the markets neither cheered nor wrapped their heads. Attention, the bears will soon rejoice! The reason? There is a short-term overbought that must be metabolized either with a bearish lateral phase, or with a 1/2% percentage retracement.
The mockery of the false signal
When in historical series the markets have reached multi-year lows, continuous false signals have always been crowded in the first months of the rise. This situation has made skeptics become more and more skeptical leading them astray, and making them stubborn with the idea of new discounts. We have reason to believe that this event will repeat itself this time too.
A small retracement is likely nearby that will mock those who cheer for ribasso-proiezionidiborsa.it
The reader must know that the markets move with respect to the economic cycle 6/9 months in advance, and therefore when things are still bad, and on the horizon they could be gloomy, prices have already reached their bottom. In our opinion, the markets of these days are an opportunity for those who want to buy long-term, but for many they are that country where everything is beautiful, but nobody realizes it or sees it, and people try to leave the country.
History says that the markets mark their bottom in the first 27 months of the new decade. In October, the long-term divergences on our oscillators turned positive. At the moment this signal is still ongoing.
The central banks will push the markets upwards: watch out, the bears will soon rejoice!
At 16:01 on January 12 we read the following prices:
Dax Futures
15.080
Eurostoxx Futures
4.126
Ftse Mib Future
25,680
S&P 500 Index
3,957.66.
Downside fans will probably be disappointed -proiezionidiborsa.it
Below are the supports not to be violated downwards in the next few days:
Dax Futures
14,685
Eurostoxx Futures
4.003
Ftse Mib Future
25.190
S&P 500 Index
3,809.
We think it is very probable that a very short retracement is about to start: a high by tomorrow could be a temporary high, and then Monday and Tuesday could be negative. This shouldn’t lead to a trend reversal, and will likely punish further bearish supporters.
You might also be interested in this news
Of the three she is the brunette, Anna Carlucci sister of Milly and Gabriella what is she doing today and how she has reduced herself
