Home » Business » A bullish acceleration of the markets is expected tomorrow and then on Thursday they could retrace a bit

A bullish acceleration of the markets is expected tomorrow and then on Thursday they could retrace a bit

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

4.582,73.

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.

weekly fractal

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.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.