The start of the week is fine just as expected but as of tomorrow, it should continue to rise. The recovery of the markets continues to consolidate and there is currently no counterintuitive volatility, the same trend and oscillators are in line with the current movement.
Let’s go step by step.
We read the following quotes at 5:18 PM on the trading day on March 21st:
future dax
14359
The future of Eurostoxx
3800
ftsi ib future
23735
S&P 500 . Index
The downside is over and is it rising from now on despite the fractal point down 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 18th.
These are crucial days, and between tomorrow and Wednesday, the scenario will be decided until May 20 (annual preparation following this on March 28).
Forecast for the week that just started
The bottom may have been formed today and the rally is expected to take place on Friday.
What could be the minimum and maximum zones for this week?
future dax
14.076 / 14.345
15.064 / 15.314
The future of Eurostoxx
3,700 / 3,785
4.001 / 4.078
ftsi ib future
23.200 / 23.555.003
24.700 / 25.100
S&P 500 . Index
4,298 / 4,367
4,546 / 4,608
The recovery in the markets continues to consolidate and the worst could already be behind us
future dax
Very short uptrend until we see a daily close below 13.928. The cuts continue only with a weekly close below 13595.
The future of Eurostoxx
Very short uptrend until we see a daily close below 3.655. Long-term cons only with weekly closes below 3557.
Future Ftse Mib
Very short uptrend until we see a daily closing below 23.245. Long-term cons only with weekly close below 22365.
S&P 500 . Index
Very short uptrend until we see a daily close below 4.335. Long-term cons only with weekly close below 4163.
Multi-day trading center in progress
Long since the opening on March 21
What movement awaits Tuesday?
Opening on lows and closing on highs.
deepen
Because this collapse will be an opportunity
“Infuriatingly humble social media buff. Twitter advocate. Writer. Internet nerd.”