Everything keeps moving forward As per our expectations. Let’s recap: October lows are cyclically correlated with Christmas highs and a further increase until April 30th, prior to selling in May, and thus a decline that may continue into October.
Phase 1 at 10/15% runs through mid-December/Christmas week. The second, 20/25% of October lows, through April 30, the first ten days of May.
At 4:50 pm on the trading day on November 15, we read the following prices:
Dax future
16.119
The future of Eurostoxx
4.371
Ftsy Mibe future
27,665
S&P 500 . Index
For several weeks, the annual forecast varied with the direction of the charts
In red, our annual global stock index forecast on a weekly scale for 2021.
In blue the US markets chart through November 12th.
What are our predictions for the week of November 15th?
Low between Monday and Tuesday (weekly low likely to be set on Monday) and then high until Friday. At the moment, this sample path is being confirmed, so our view is that the markets are ready for a new bullish surge.
Price Forecast and Expected Minimum/Maximum Zones for the Week of November 15
Dax future
15.890 / 16.015
16,359 / 16,558
The future of Eurostoxx
4.330 / 4.366
4.418 / 4.464
Future Ftse Mib
26.275 / 26.500
28.150 / 27.390
S&P 500 . Index
4.655 / 4.689
4.767 / 4.908.0000
Today the minimum areas have been touched upon, therefore as of tomorrow we must advance towards the maximum areas that will be reached by Friday.
Markets are preparing for another bullish boom
Below is a price chart to keep the pulse of the position.
Dax future
An upside move until we see a daily closing below 16.063. Long-term cons only with weekly close below 15715.
The future of Eurostoxx
Uptrend until the daily close below 4.345. Long term only declines with weekly close below 4252.
Future Ftse Mib
An upside move until we see a daily closing below 27.535. Long-term cons only with weekly close below 26995.
S&P 500 . Index
An upside move until we see a daily closing below 4650. Long-term negatives only with a weekly closing below 4595.
In light of the data just described, what better process would our trading systems recommend?
Continue to keep purchases open on Tuesday 19 October at the opening prices of the analyzed listings.
What will Tuesday’s trading day look like?
Lateral phase for a few hours then accelerates and closes at heights.
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