Everything proceeds as per sample path and day by day the maximums are updated. What could be the dangers that could arise? At the moment we do not see it but it must be said that every day a tile could fall on the price lists and lead to strong drops. This is the truth. It can never be denied that an event can happen and for this reason, after a careful and scrupulous study of the charts, short and medium / long-term stop losses should always be inserted at your positions. What are we waiting for from now on? A bullish acceleration of the markets is expected tomorrow and then on Thursday they could retrace a bit.
At 8:18 pm on the trading day on October 26th we read the following prices:
Dax Future
15.735
Eurostoxx Future
4.209
Ftse Mib Future
26.780
S&P 500 Index
The annual fractal has been turning down for several weeks
In red, our annual forecast on the world stock index on a weekly scale for 2021.
In blue the chart of the American markets up to 22 October.
The charts continue to move against the forecast.
What were the expectations for the current week?
Side and minimum phase between Monday and Tuesday and then rise until Friday. Everything continues to be confirmed.
Below are the areas of minimum / maximum expected for this week
Dax Future
15.380/15.540
15.856/15.989
Eurostoxx Future
4.140/4.180
4.276/4.325
Ftse Mib Future
26.300/26.455
26.865/27.000
S&P 500 Index
4.501/4.543
4.600/4.659
A bullish acceleration of the markets is expected tomorrow and then on Thursday they could retrace a bit. The operational levels
Dax Future
Bullish trend until we see a daily close below 15,513.
Eurostoxx Future
Bullish trend until we see a daily close below 4.173.
Ftse Mib Future
Bullish trend until we see a daily close below 26.410.
S&P 500 Index
Bullish trend until we see a daily close below 4.524.
Which multidays trading positions to keep for Wednesday and the following days?
Keep Long trades open Tuesday, October 19th in opening.
What might tomorrow’s trading day look like?
Opening on the lows and closing around the highs of the day.
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