What the stock exchanges will do in the coming weeks

When everything goes wrong, the markets go up. How come? Simple, the decline from January onwards, has discounted all possible negativity, and current prices, according to the logic of economic analysis, are really interesting from a long-term perspective. Furthermore, the inflation bug may soon subside, and thus rate hikes will stall. The war in Ukraine is no longer newsworthy. It was understood that it could last for many years, and the fear of using nuclear weapons is considered unrealistic. Moreover, since yesterday, Italian multi-year government bonds have generated a buy signal, and if certain price levels are confirmed, we could see a double-digit rise. There may also be other ways to invest by trying to make your money work.

Many, who are still invested with bearish positions, and who use the rebounds to increase them, are wondering what the stock exchanges will do in the coming weeks.

The statistic gives a very clear answer:

when the stock exchanges fell by 20/25% on average, in many cases they formed a multi-year bottom, and represented an excellent point to buy shares in the long term (7/10 years).

Furthermore, the period October / April in most cases led to higher yields than those of May / September.

Where are stock market prices headed?

At 4:20 pm on October 25th we read the following prices:

Dax Future

13,015

Eurostoxx Future

3,567

Ftse Mib Future

22,030

S&P 500 Index

3,832.53.

Christmas rally probably already started

Since October 17, the chart and forecast may have found the same synch that was lost from August 16 onwards.

The week should be all up

After having formed the low on Monday as expected, and today’s retracement, from tomorrow we should start up again.

Prices are headed for further hikes

Dax Future

Very short bullish trend until we see a daily close below 12,560. Lasting downsides only with the close of next week below 12,390.

Eurostoxx Future

Very short bullish trend until we see a daily close below 3.417. Lasting downsides only with the close of next week below 3,355.

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Ftse Mib Future

Very short bullish trend until we see a daily close below 21.140. Lasting downsides only with the close of next week below 20,750.

S&P 500 Index

Very short bullish trend until we see a daily close below 3.647. Longer downsides only with the close of next week below 3.638.

What will the stock exchanges do in the coming weeks?

There are no short-term dangers in sight, and we continue to buy stocks and risk. Our oscillators and trading systems are signaling a green light in the short term, and in the long term they continue to signal the possibility that the bottom may have been marked. Further confirmations will be expected at the end of November.

We invite you to carefully read the Warnings regarding this article and the responsibilities of the author, which can be consulted HERE”

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About Eric Wilson

The variety offered by video games never ceases to amaze him. He loves OutRun's drifting as well as the contemplative walks of Dear Esther. Immersing himself in other worlds is an incomparable feeling for him: he understood it by playing for the first time in Shenmue.

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