The operational levels to be monitored on the stock markets at a decisive point in the short and medium term

The ups and downs continue but tomorrow is really crucial and the employment report American as usual will dictate the pace of the monthly scenario. We have therefore reached a point where directionality could start and we will wait for tomorrow to understand where this side phase of the last week will bring the prices. Is it going up or down? July is statistically a positive month, will it repeat again this time? Now we are going to analyze the operational levels to be monitored on the equity markets at a decisive point in the short and medium term.

Let’s proceed step by step.

At 7:47 pm on today’s trading day we read the following prices:

Dax Future

15.586

Eurostoxx Future

4.066

Ftse Mib Future

25.200

S&P 500 Index

4.315.

Will the rise continue until the first ten days of August?

In red our annual forecast on the global weekly stock index for 2021.

In blue the chart of the American markets up to 25 June.

Scenario expected for the week of June 28th

The weekly minimum should be formed between Monday and Tuesday and the maximum on Friday. To date, this forecast continues to falter and could be disproved.

The operational levels to be monitored on the stock markets at a decisive point in the short and medium term

Dax Future

Bearish trend in progress. Short bullish reversal with daily close on July 2nd above 15,738.

Eurostoxx Future

Bearish trend in progress. Short bullish reversal with daily close on July 2nd above 4.102.

Ftse Mib Future

Bearish trend in progress. Short bullish reversal with daily close on July 2nd above 25,295.

S&P 500 Index

Bullish trend in progress. Short bearish reversal with daily close on July 2nd below 4,287.

What trading operations to keep for Friday?

Compared to yesterday, little has changed from a graphic point of view. For this reason, also for tomorrow it is advisable to operate only from an intraday perspective and to remain on the sidelines from a multidays perspective. Attention to the volatility close to the American data that will be published at 2.30 pm Italian time.

As usual, we will proceed step by step.

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