After this additional trading day, which view and strategy to keep? At the moment there is no bullish reversal of the markets with the scenario that remains intact and always set to the downside. Hence, it always remains confirmed that if it is not a false signal, from now on the stock markets will drop by at least 10%.
At 8:40 pm on the trading day on September 14th we read the following prices:
Dax Future
15.693
Eurostoxx Future
4.182,5
Ftse Mib Future
26.005
S&P 500 Index
The cyclicality and our annual fractal project a downturn at least until the end of the year and possibly until July 2022
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 10 September.
The moment is crucial and tomorrow could start a directional phase, of confirmation or denial for the current retracement phase.
Forecast for the week of September 13
The formation of the weekly high is expected within the first trading hours on Tuesday, to then see prices fall until Friday. If the view turns out to be correct, it should all be bearish tomorrow.
No bullish reversal of the markets with the scenario that remains intact and always set to the downside
Here are the levels to monitor for the day of September 15:
Dax Future
Bearish trend in progress. Short bullish reversal with daily close on September 15th above 15,787.
Eurostoxx Future
Bearish trend in progress. Short bullish reversal with daily close on September 15th above 4,211.
Ftse Mib Future
Bearish trend in progress. Short bullish reversal with daily close on September 15th above 26.015.
S&P 500 Index
Bearish trend in progress. Short bullish reversal with daily close on September 15th above 4.521.
Which trading to keep for Wednesday?
Keep trades short. How should tomorrow’s day unfold? Opening on the highs and closing on the lows.
We will proceed step by step.
–
