As often happens in everyday life and as taught by the techniques of neurolinguistic programming, 99% of our thoughts sometimes make us feel bad, but then it does not come true. Mere nonsense conjectures remain. This appears to be happening among stock market insiders, where there is continuing discussion of the danger frominflation or from the possible overestimation, but then the facts from time to time tend to disprove the hypotheses, and after the uncertainties, the road to the upside is resumed.
At the moment there are no dangers for American and world economic growth and the traffic light continues to be green for the rise in equity indices.
What happened today? The stock markets after the hesitations of the last few days are choosing for a further rise.
Let’s proceed step by step
At 5:42 pm on today’s trading day we read the following prices:
Dax Future
15.417
Eurostoxx Future
4.038
Ftse Mib Future
25.040
S&P 500 Index
The annual forecast does not see significant stops 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 21 May.
The next relevant setup date will expire on June 22nd.
The stock markets after the hesitations of the last few days are choosing for a further rise
Here is the price map and trend indicators to keep the equity indices pulse for the next few days:
Dax Future
Bullish trend. Short bearish reversal with daily close on May 28 below 15,427.
Eurostoxx Future
Bullish trend. Short bearish reversal with daily close on May 28 below 4.018.
Ftse Mib Future
Bullish trend. Short bearish reversal with daily close on May 28 below 24.775.
S&P 500 Index
Bullish trend. Short bearish reversal with daily close on May 28 below 4.170.
What trading operations to keep for tomorrow?
Long from an intraday perspective and Long from a multidays perspective. From tomorrow the investment can be increased as the bullish signals seem stronger. Woe betide if this turns out to be another false bullish sign! If everything is confirmed, however, a bullish directional phase of 7/10% should have started from today, lasting at least one month, if not two.
We will proceed step by step.
–
