Come reported for several weeks, in the month of April we would have given importance to two setup dates: 5/6 April and then 16 April. What could happen? They should probably form absolute / relative minimums / maximums.
Today, after a “crackling” start, there is a loss of momentum in the last hours of bargaining. From tomorrow, early trading hours, is it immediately rising again or will the stock markets begin to decline until April 16?
What to wait?
Let’s proceed step by step.
At 8:01 pm on 6 April we read the following prices:
Dax Future
15.212
Eurostoxx Future
3.913
Ftse Mib Future
24.465
S&P 500 Index
The annual fractal forecast for this week is at a verification point
In red our annual forecast on the global weekly stock index for 2021.
In blue the chart of the American markets up to 1 April
Forecast for the week of April 5th
Minimum weekly expected between Monday and Tuesday then maximum on Friday.
If the view and the forecast should prove to be correct, starting tomorrow morning, it should start immediately upwards, otherwise the hypothesis of a retracement of at least a couple of weeks will begin to be “in the pipeline”.
Prices expected from 5 to 9 April
Dax Future
minimum area 14,980 / 15,100
area of maximum 15,445 / 15,599
Eurostoxx Future
minimum area 3.863 / 3.899
area of maximum 3,959 / 4,001
Ftse Mib Future
area of minimum 24,355 / 24,500
area of maximum 25,000 / 25,095
S&P 500 Index
minimum area 3,979 / 3,999
area of maximum 4,085 / 4,121.
Does it start up again immediately or do the stock markets begin to fall until April 16?
Below is the operational map and the levels to be monitored for Wednesday:
Dax Future
Bullish trend. Short bearish reversal with daily close on April 7 below 15.028.
Eurostoxx Future
Bullish trend. Short bearish reversal with daily close on 7 April below 3.867.
Ftse Mib Future
Bullish trend. Short bearish reversal with daily close on April 7 below 24.345.
S&P 500 Index
Bullish trend. Short bearish reversal with daily close on April 7 below 4.034.
Operational strategy
Continue to stay Long multidays but beware of what will happen tomorrow. Do not make operational choices in a hurry and wait for tomorrow’s trading closings for the due evaluations.
–