As shown in weekend This is a crucial and articulation week for the movements that should rotate until preparation on May 19. The two most important dates in this period are April 16 and May 19.
What do I say after today’s trading day? Some oscillators are returning to the upside but we have to wait for the developments that will appear by tomorrow’s trading day.
Therefore, our recommendation is as follows:
Equity markets seem to want to start over and these are the levels of confirmation or no movement.
Let’s go step by step.
At 7:05 PM on April 13th we read the following rates:
Dax the future
15.236
The future of Eurostoxx
3.920
FTSE Meb future
24.315
S&P 500 Index
Our annual forecast anticipates the imminent start of a downturn
Our annual global weekly stock index forecast for 2021 is in red.
In blue is the chart of US markets through April 9th
What will happen in the next 30 days? Will the markets move against our expectations, or will they go along with them?
Equity markets seem to want to start over and these are the levels of confirmation or no movement
Below it is Operational map and levels to be monitored for Wednesday:
Dax the future
Uptrend. Short bearish reversal with daily closing April 14 below 15.170.
The future of Eurostoxx
A downtrend. Short bullish reversal with daily close on April 14 above 3,933.
Future Ftse Mib
Uptrend. Short bearish reversal with daily closing April 14 below 24.090.
S&P 500 Index
Uptrend. Short bearish reversal with daily closing April 14 below 4095.
Operational strategy
Ftse Mib Future is returning to the upside. Multi-day apartment on Eurostoxx Future while still staying long for several days on all other machines. The hypothesis for correction appears to have been put forward. But tomorrow there will be confirmation or not.
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