Home » Business » And then, after March 6, run away from the markets for at least a month? First, however, a bullish explosion

And then, after March 6, run away from the markets for at least a month? First, however, a bullish explosion

Escaping the markets after March 6-proiezionidiborsa.it

The February 17 monthly setup deadline appears to have led to a bullish reversal which needs to be confirmed on Monday February 20. If the confirmation is bullish (as would seem more probable), we could see a strong acceleration until the first ten days of March. We should see strong gap up days form. The last gap that should form around March 6 should be of exhaustion. And then, after March 6, run away from the markets for at least a month? This is after (probably) having formed a gap opposite to that of exhaustion.

The typical year of the markets is 2023

A period to frame for the markets, which however is by no means an exception. In fact, several times in the annals from 1898 to today, such strong increases have been witnessed. From 19 December to today, all international indices have also gained well over 10%. The Dow Jones annual average has always been around 11%. So? Now it could be retraced (from 6 March to 6/7 April) before seeing further sharp increases, which between ups and downs will lead to an extraordinary year that will have definitively said goodbye to the downturn of 2022, and which will prepare the ground for a sharp increase through 2028always between physiological highs and lows.

According to our statistical calculations, 2023 should close with a return on the Dow Jones of between 20 and 25%.

Typical year of markets

Typical year of the markets-proiezionidiborsa.it

We count the time. The 2023 setups are as follows:

31 January, 6 March, 6/7 April, 4 August, 29 September, 30 October and 30 November. The most important ones will be March 6, August 4 and November 30.

In our time-price map of the current year (and also as a sample route of the typical year) we look forward to a marked reduction of prices between 6 March and 6/7 April. It should retrace between 38.2 and 50% of the increase since December 19, therefore 7/10% from the maximums that will be reached in the next 3 weeks.

We proceed step by step.

At 21:59 of the trading session of 17 February we read the following prices:

Dax Future

15.560

Eurostoxx Future

4.293

Ftse Mib Future

27.890

S&P 500 Index

4.079,22.

And then, after March 6, run away from the markets for at least a month? First, however, a bullish explosion

Today’s day, which started in sharp decline, saw the positions gradually recover, and the closing of the day was close to parity. This is the typical pattern that forms in the days of bullish setups. And as written in recent days, the odds were to that effect.

To continue to keep the uptrend and our short-term view intact, here are the levels that will not have to be violated downwards on Monday at the end of the session:

Dax Future

15.386

Eurostoxx Future

4.238

Ftse Mib Future

27.650

S&P 500 Index

4.095.

We’ll see what happens, but if we’re not mistaken and our thesis turns out to be in line with market trends, we’ll see the markets soar for 15 days, and investors who have remained on the sidelines until now get the shares out of hand. It’s a shame though, because then from 6 March to 6/7 April they could be badly beaten. These are the rules of short-term market timing….

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