We are in a very special situation for the markets and anything can happen. What levels should be monitored?

We are in a very special situation for the markets and anything can happen.  What levels should be monitored?

Deep sale at the opening where it was reached Related goals, then a strong bounce. What are you waiting for from now on? Over the weekend we indicated that this week is not going to be easy and very volatile, and as of today, we have made sure of that. We are in a very special position for the markets but we go step by step to keep the position pulse and move with the odds in their favour.

We read the following prices at 6:39 pm on the 7th of March trading:

Dax future

12664

The future of Eurostoxx

3,458

ftsi ib future

21895

S&P 500 . Index

4,236.84.

Expectations lead to further cuts at least until June

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

In blue, US markets chart at the close of March 4th.
Empty

On the other hand, the month of March may lead to the formation of an important minimum. The dates when this swing can form are March 7, 9, 17 and 28. March 28th is very important as the monthly and yearly setting will expire.

Weekly forecast

fractal

Weekly sort

A recovery is expected between Monday and Tuesday and then new lows until Friday. However, there is a high probability that the indicated preparation dates will also lead to a self-adjustment of the scenario.

What levels can bring prices back up?

Dax future

Very short downtrend until we see a daily close above 13.142. Only continued gains with a weekly close above 14510.

The future of Eurostoxx

See also  The Italian Stock Exchange, commenting on the session of September 6, 2023

Very short downtrend until we see a daily close above 3.597. Only permanent rises with weekly close above 3935.

Future Ftse Mib

Very short downtrend until we see a daily close above 22.760. Continuation of the rises only with a weekly close above 25625.

S&P 500 . Index

Very short uptrend until we see a daily close below 4.322. It only continues with a weekly close above 4.417.

Multi-day trading center in progress

Steady on the S&P 500 while in other short stock indices in progress since opening on March 2.

What movement awaits Tuesday?

We are in a very special situation for the markets and anything can happen. In fact, between today and Wednesday, two important settings expire that may also lead to a bullish reversal. We will see what happens.

deepen

Because this collapse will be an opportunity

Forecast results in this article are based on statistical calculations described in e-books published by ProiezionidiBorsa and processed on the basis of available price history. (We also remind you to carefully read the warnings regarding this article and the responsibilities of the author, which can be referenced here”)

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