Indices Forecast: #SP500,#DAX,#NASDAQ100,#CAC (16 April 2024)

On 16 Apr 2024 By Financial Consultant _Forex_Gold Xauusd| Fund ManagerIn Indices, INDICESLeave a comment

CAC Forecast: Paris Gives Up Early Gains

The Parisian CAC 40 has initially rallied during the training session on Monday, but has given back in the early gain.
While we did end up forming a bit of a shooting star, it’s not necessarily something that I’m overly concerned about, as it looks more like consolidation at this point than anything else.
In fact, you could almost make an argument that we are in the midst of forming some type of Polish flag, which of course a lot of traders will pay attention to.

The Trend

The trend has been higher for stock markets around the world for some time now, as it appears that people are waiting for central banks to cut rates yet again. The European Central Bank might even be cutting it soon as this summer, and if that’s going to be the case it could add a little bit of liquidity to the CAC, the DAX, the MIB, the AMX, etc. In general, I think European indices should do fairly well, at least initially. The question then becomes whether or not the ECB is cutting because of some type of emergency that it can get its arms around?

Technical Analysis

At this point, I’m very interested in the €7900 level as a potential support region. It’s probably also worth noting that the €8000 level sits just below current trading, so that probably comes into the picture as well. The 50-Day EMA is racing toward the current trading levels, so I think that is essentially going to be the “floor in the market” as things stand right now. I was an area we had broken out of as significant resistance, during the beginning of the year. Ultimately, this is a market that I continue to buy dips in, and I do think that it is probably only a matter of time before you rally again, but it does make sense to work off a little bit of upward momentum. Markets don’t go in one direction forever, so there’s no reason to think that the CAC would be any different at this point.

S&P 500 Forecast: Continues to Bounce Back and Forth

The S&P 500 initially tried to rally during the course of the trading session on Monday, as the 5100 level underneath continues to be supported.
The 50-Day EMA sits just below there, and it does make a certain amount of sense that we would continue to see interest in the market.
On the other hand, the market rally and from here would open up the possibility of a move toward the 5200 level, as we continue to consolidate overall.

Earnings Season

Earnings season of course has kicked off, so I think a lot of this noise that we see will ultimately end up being the norm. All things being equal, I think it’s likely that the market will be very noisy, but ultimately, we are still very much in an uptrend. The earnings season causes quite a bit of noise, and therefore it’s likely that the market will continue to be difficult to hang onto, but the overriding fact is that we are most certainly in an uptrend, and that has not changed.

Even if we were to break down below the 50-Day EMA, the 5100 level itself is supported as well. Breaking through all that then puts the market in the mode of looking at the 5000 level to see whether or not we can see enough buyers in that region to keep the market supported. As long as we can say above the 5000 level, I think that there’s a real shot at this market continuing to go higher.

Regardless, I have no interest in shorting any of the US indices as everybody is hanging out and waiting for monetary easing to come out the Federal Reserve, something that should be the case during the later part of this year. Ultimately, it’s also worth noting that retail sales has still been strong, so even if we don’t get monetary policy easing, the reality is that Americans continue to spend. As long as that’s the case, it’s likely that we will try to revisit the 5300 level over the longer term. I have no interest in shorting US indices at the moment as the momentum has been so strong.

DAX Forecast: Strong with a Bounce

The German Dax has shown the market to show upward pressure with the €18,000 level, an area that a lot of people will be looking at as and an area of interest.
The 50 day EMA since underneath there and therefore I think it offers a certain amount of support if we can break above the highs of both Friday and Monday, then I think the Dax has a real shot at going to the 18,500 level.
This is an area that we have seen selling in the past, but I think it is only a matter of time before we break through it overall.

At this point, the market is likely to continue to see a lot of volatility. And with that being said, I think you have to be very cautious with your position sizing. Nonetheless, if the Dax has shown itself to be resiliently bullish and the fact that we have pulled back just a bid offers enough value that I think people would get involved.

A Recent Small Drop Offers Opportunity

When you look at this drop of about 4%, it could very well end up being a buying opportunity. The 50 day EMA offers a significant amount of technical support as well, and as long as it looks like the ECB is going to be cutting rates, it’s very possible that you will have the Dax be the first place people throw money at.

I have no interest in shorting this market and even though we have had this a little bit of a pullback, we are still light years away from turning around and showing any proclivity to drop for a significant amount. So, with that being said, I think you have to keep in the back of your mind that this is a market that you have to be very patient with. You probably don’t want to have a huge position in, but you certainly should see this as a market that could rally over the next several weeks, if not months.

NASDAQ Forecast: Continues to See Buyers Overall

The Nasdaq 100 has rallied a bit during the early hours on Monday, as perhaps there’s been a big sigh of relief that the Middle Eastern conflict hasn’t expanded.
That being said, I think we are still very much in a consolidation area, and that is an area that I think a lot of people would pay close attention to.
This market will continue to move on the handful of major stocks that everyone owns.
Nonetheless, this market is in an uptrend, and people will continue to see buyers ahead. Remember though, this is earnings season, so volatility could be an issue overall.

We had so much in the way of a massive uptrend that working off some of that excess makes sense. Furthermore, we also have the idea that the earnings season is currently kicking off and that obviously has an influence on stocks. But regardless, the big driver, of course, is going to be the Federal Reserve and its monetary policy. Fed watching is by far the most important thing that traders can do at this point in time. Earnings may have an effect, but longer-term it is still about the interest rate situation.

This Market Has Support

At this point, it’s likely that we could see a situation where, any dip I think gets bought into the 17,775 level should continue to be support right along with the 50 day EMA. So as long as we can stay above all of that, I think we’re going to continue to see choppiness, but overall, more leaning towards the upside.

If we can break above the 18,500 level, then it opens up a much bigger move in the Nasdaq 100 and I think eventually will go looking to the 20,000 level. I’m not necessarily expecting that right away. but I certainly would not be surprised by it as the trend has been so strong up to this point. A breakdown below the 17,775 level could lead to a deeper correction, but, that won’t only end up being a buying opportunity down the road.

To get ACCURATE LIVE ACCURATE 2-3 TRADES (Forex/Comex/Stocks) Telegram Financial Advisor

BEST FOREX SIGNAL TELEGRAM GROUP

XAUUSD FOREX INDICES ACCOUNT MANAGEMENT

Indices Forecast: #CAC,#SP500,#DAX,#NASDAQ100 (27 March 2024)

On 27 Mar 202427 Mar 2024 By Financial Consultant _Forex_Gold Xauusd| Fund ManagerIn ForexLeave a comment

CAC Forecast: Continues to See Massive Moves Higher

The French CAC finds support, indicating bullish momentum, with a focus on €8100 as a key support level. ECB policies could further influence the market trend.

The French CAC initially pulled back just a bit during the trading session on Tuesday but found buyers yet again.
Ultimately, this is a market that I think continues to see a lot of bullish pressure, as we continue to see a lot of momentum.
At this point, it looks like the €8100 level continues to be massive support, therefore I think you need to look at it through that prism.
The market pulling back to that area almost certainly will offer some type of buying opportunity, as we have seen a lot of action in that area.

ECB and monetary policy

The European Central Bank will of course continue to take front and center stage when it comes to what happens with stocks on the continent, as traders are now starting to bet on the idea that perhaps the European Central Bank will have to loosen monetary policy. If that’s going to be the case, then it does make a certain amount of sense that stocks go higher due to the fact that most of what we see these days has to do with liquidity and not so much with the overall economy.

As for the floor in the market, I believe that it is at the €7900 level, an area that previously had been massive support and of course features a 50-Day EMA at the same time, so it’s a bit of a “double whammy” for technical analysts. At this point in time, we have to remember to buy the dips, because that seems to be with the way that most stock markets around the world are behaving, and the CAC of course is no different at this point in time.

DAX Forecast: Continues to See Upward Momentum

DAX experiences robust growth, breaking above €18,400, signaling potential climb towards €18,500. Its performance could set the trend for European indices.

The German DAX had another strong session on Tuesday as we continue to plow higher.
We are above the €18,400 level now, and it looks like we are going to try to get to the €18,500 level, and further than that to the upside.
Keep in mind that this is the premier “blue-chip index” in the European Union, so I think it is most certainly worth paying close attention to.
Ultimately this is a market that will continue to see a lot of hot money chasing it, as we are in a very strong uptrend.

Germany Leads the Way

Germany will lead the way for the rest of the European continent, so even if you are not trading this particular index, you should pay close attention to it as it could give you a bit of a “heads up” as to where we might be going in other indices such as the MIB, CAC, AMX, etc. Ultimately, this is a market that looks extraordinarily bullish and is much like US indices, being dragged along by momentum.

The ECB more likely than not will have to start to liquefy the markets, perhaps giving traders the ability to continue to push prices higher. After all, if Germany is in fact going to be in a recession, then it makes a lot of sense that traders are trying to get ahead of any ECB monetary policy decision. Ultimately, the worse the economy does in Germany, the better the stock market will do

Underneath, I see a massive amount of support near the €18,000 level, and therefore you need to be paying close attention to it. I think given enough time, not only with the €18,000 level be support, but so would the €17,950 level. In other words, this is a “buy on the dips” type of market and I think that will probably continue to be the way forward for the foreseeable future. In general, I have no interest in shorting the DAX, at least not until we break down below the €17,500 level, which is basically where the 50-Day EMA is hanging around. Until then, this is a mark that looks extraordinarily bullish.

S&P 500 Forecast: Seeing Sideways Action

If we break the highs of last week, then we could very well go looking to the 5,300 level, which I think we hit sooner or later.

The S&P 500 was a bit choppy early during the trading session on Tuesday as we continue to look to the upside.
But I think at this point in time, we may be lacking a real reason to get moving.
After all, the major announcement of the week is on Friday, so I think a little sideways action does make a certain amount of sense.

Keep an Eye on Longer-Term Trends and Behaviors

But in the longer term, if you continue to buy dips, you will do much better, at least until something fundamentally shifts. At this point, the 5,000 level for me is the bottom of the market, with the 50 day EMA sitting just above there. I’d be particularly interested in the S&P 500 closer to the 5,185 level, which was an area of previous resistance, and therefore I think a little bit of market memory comes into play at that region.

If we break the highs of last week, then we could very well go looking to the 5,300 level, which I think we hit sooner or later, regardless of which direction we go next. I’m just looking for value. I think that’s the way you have to play this. You have to be patient, you have to scale in, and you have to buy it when it pulls back. What the economy is actually doing is totally irrelevant. We’re in a nice uptrend.

NASDAQ Forecast: Looking for Next Move

Keep in mind that the world is waiting for the Federal Reserve to start cutting rates again, and therefore everybody’s excited about owning stocks.

As you can see, the NASDAQ 100 has shown itself to be somewhat dead money over the last couple of days as we are trying to sort out what to do next.
Ultimately, this is a market that I think is bullish overall, but there isn’t much in the way of economic announcements to move the markets between now and Friday.

How to Trade It…

Buying dips continues to be the prudent way to approach this market because it offers value in what is obviously a very bullish run. If we break above the highs of last week, then the NASDAQ 100 could go looking through the 18,500 level, followed by the 19,000 level, which I think is very possible. That being said, as long as the fundamental narrative stays the same, I just don’t see an argument for shorting.

While the economy may or may not be strong, its all about momentum on Wall Street, and you must remember that a lot of the noise on the Street is New York centric, which isn’t reality. However, price is reality – and that’s what matters. The markets will continue to cheer bad economic news, based on the idea of liquidity being added by the Fed.

To get ACCURATE LIVE ACCURATE 2-3 TRADES (Forex/Comex/Stocks) Telegram Financial Advisor

BEST FOREX SIGNAL TELEGRAM GROUP

XAUUSD FOREX INDICES ACCOUNT MANAGEMENT

CAC Forecast: CAC Loses Ground, Continues to Follow Channel : 29 JUNE 2021

On 29 Jun 2021 By Financial Consultant _Forex_Gold Xauusd| Fund ManagerIn ForexLeave a comment

I assume and anticipate that we will see buyers push the market higher, as it takes quite a bit of momentum to change an overall trend.

The CAC Index fell a bit during the trading session on Monday to kick off the week on the back foot, so it looks as if we are still trying to figure out whether or not the bottom of the ascending channel is going to hold. The 6500 level underneath could offer support as well, as it was where we recently pulled back to in order to bounce again. This is a market that I think will continue to see buyers on these dips, especially as we not only have the uptrend line of the channel, but we also have the 50-day EMA sitting at the 6413 handle. As long as that is the case, there is still hope for this market to continue going higher.

At this point, the market looks as if it is going to try to get towards the 7000 handle, but that is going to take quite some time to come to fruition. With this being the case, the market is likely to see an overall upward push, as the Paris index will more than likely follow right along with other indices such as Germany and Italy.

If we were to break down below the 50-day EMA, it is likely that we could drop towards the 6000 handle, but I think that the DAX needs to break down in order to drag Paris with it. If we were to see the CAC breakdown, it will probably be in a general selloff when it comes to the equity markets overall. With this, I assume and anticipate that we will see buyers push the market higher, as it takes quite a bit of momentum to change an overall trend.

To get ACCURATE LIVE TRADES (Forex/Comex/Stocks) Telegram Financial Advisor

𝗙𝗼𝗿𝗲𝘅 𝗔𝗰𝗰𝗼𝘂𝗻𝘁 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁

#forexprofit #financialfreedom #finance #wallstreet #wealth #trade #tradingforex #millionaire #UK #UAE #فوركس #Germany #Greece #ukfx #Malaysia #Singapore #Australia #فوركس #سعودي #عرب #ذهب #金 #金信号 #外汇交易 #fx #forex #forexaccountmanagement #forexaccountmanager

INDICES FORECAST: #CAC #SP500,#NASDAQ100 #DAX: 18 JUNE 2021

On 18 Jun 2021 By Financial Consultant _Forex_Gold Xauusd| Fund ManagerIn ForexLeave a comment

CAC Forecast: Continues to Show Bullish Pressures

The Parisian index continues to show bullish pressure as we have reached towards the 6678 handle, in what has been a very bullish day.

In fact, while US indices sold off, Europe itself looked rather strong. The CAC closed at an all-time high, and it certainly looks as if it is ready to go looking towards the 6800 level.

As you can see on the chart, I have drawn out a rough outline of an ascending channel, and that suggests to me that the market still has quite a bit of bullish bias to it. Furthermore, the 50 day EMA is walking right along that channel, sitting at the 6358 level. If we were to break down below that channel and the 50 day EMA, that would obviously be a very negative sign and could send this market down towards the 6200 level.At that point, I would anticipate that the market could be looking at the 200 day EMA which will be closer to the psychologically important 6000 handle.With that in mind, I would anticipate that could be the “floor the market” even if we do get some type of bearish move.

I would anticipate a lot of noise, but I still believe at this point in time it is almost impossible to short this market. The overall attitude for several months has been the same, despite the fact that we have had a couple of short-term dips. I do believe that the 7000 level will be the longer-term target, but I also recognize that it could cause a significant amount of psychological pressure that might take multiple attempts to finally break above.

S&P 500 Forecast: Finds Support at Familiar 4200 Level

The S&P 500 initially pulled back a bit during the course of the trading session on Thursday to reach down below the 4200 level. Traders are still terrified of the idea of the Federal Reserve stepping in and tightening monetary policy, which is a bit ridiculous considering that we are talking about two years from now. That being said, the market is likely to continue to see a lot of volatility, but as we are looking at the overall big picture, there is still the “reopening trade” that a lot of people will be paying close attention to. That being said, I like the idea of buying dips at the 4200 level, as well as the 50 day EMA underneath which is only 50 points below there.

The Federal Reserve is nowhere near tightening anytime soon, and they will of course do whatever they can to satiate Wall Street, as they approve a multiple times over the last 13 years. That being said, if the market to sell off quite drastically it will probably only end up being a nice buying opportunity before it is all said and done. After all, if the Federal Reserve is going to have to tighten monetary policy, that would be due to the fact that the economy was doing better than anticipated. Given enough time, this market will continue to find its bullish momentum regardless of the next couple of days.

DAX Forecast: Finds Buyers After Gapped Lower

The German index gapped lower to kick off the trading session on Thursday, but as you can see, we have recovered the complete loss, and have even closed at the very top of the range.

This suggests that the DAX is ready to go higher, perhaps reaching towards the 16,000 level. The 15,500 level underneath continues to be supportive, and now that we have the 50 day EMA reaching towards that level, it is very likely that we will continue to see plenty of buyers in this area.

As the European Union opens up, Germany of course will be a major beneficiary, as it is Europe’s largest economy. I think that the DAX is also going to do quite well in the reopening trade globally, as the German economy is highly levered to industrials being exported. The selling of this market would suggest that perhaps the global situation is changing into more of a negative attitude, which is something that just simply does not bode well at this point, and would take quite a bit more than just the Federal Reserve looking to tighten things two years from now.

NASDAQ 100 Forecast: At All-time Highs

Buying on the dips continues to be the best way going forward

The NASDAQ 100 initially sold off during the trading session on Thursday as traders continue to throw tantrums about the Federal Reserve and their plans of possibly tapering a bit sometime in the next couple of years. That being said, as interest rates dropped, which of course was unexpected, technology stocks got a huge boost as the NASDAQ 100 ended up at an all-time high.Because of this, the market is likely to continue seeing buyers come back in and pick up value as it occurs.

The 200 day EMA is reaching towards that area, so I think that is essentially where you end the trend if we do rollover. Looking at this chart, that seems to be very unlikely, so I believe that we are more likely to see 14,500 than 13,500. If we can break above the 14,500 level, then we can go looking towards the psychologically important 15,000 level, an area that has been my longer-term target for a while. I think that this is just the “monthly freak out” that we tend to get in the markets overall, and therefore I look at this as a potential buying opportunity now that a lot of the weak hands have been shaken out of the markets overall.

Buying on the dips continues to be the best way going forward from what I can see, as I would look to be very cautious about position size and simply add to those positions once the market starts to take off to the upside. I would anticipate that 15,000 will be very difficult, so I am not concerned about trying to ride the wave above there at this point.

To get ACCURATE LIVE TRADES (Forex/Comex/Stocks) Telegram Financial Advisor

𝗙𝗼𝗿𝗲𝘅 𝗔𝗰𝗰𝗼𝘂𝗻𝘁 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁

ELITE WTI CRUDE OIL & INDICES( DAX, CAC40,FTSE100) ANALYSIS FOR TODAY : 2 MARCH 2021

On 2 Mar 20212 Mar 2021 By Financial Consultant _Forex_Gold Xauusd| Fund ManagerIn ForexLeave a comment

INDICES:

The number of new coronavirus infections globally rose last week for the first time in seven weeks, the World Health Organization said on Monday. Resulting from the DAX futures contract in Germany traded 0.6% lower, CAC 40 futures in France dropped 0.2% and the FTSE 100 futures contract in the U.K. fell 0.3%.

WTI CRUDE OIL:

U.S. West Texas Intermediate crude oil futures are trading lower early Tuesday, following through to the downside after dropping sharply the previous session. The selling is being fueled by profit-taking on concern that OPEC and its allies may agree to increase global supply when it meets later in the week on March 4. At 03:27 GMT, April WTI crude oil is trading $59.66, down $0.98 or -1.62%.

Follow me on the telegram for the latest news, tips, and various other information: Financial Advisor

In our services:

you will get 3-5 signals on a daily basis of both the forex and Commodity market.
Signals will be of an intraday kind.
Our winning accuracy is of 85% minimum side.
All the signals will be provided with proper entry price, target price, and stop loss.

Who offers the highest performing gold trading signals?
What is the best Forex signal Telegram group?
How much can forex traders make a day?
What is the best Forex signal WhatsApp group?

#SaudiArabia #UAE #Qatar #HongKong #Portugal #PortugueseGP #France #forex #commodities #forexSaudiarabia #forexYemen #forexasia #forexJordan #Singapore #UAE #UK #forexsignals #SwingTrading #forexpoland #forexfrance #forexgermany #forexsingapore #forextokyo #forextaiwan #forexindonesia #forexhongkong Poland & Polish culture KEY TO POLAND

Rehana William |Financial Consultant _Forex_Gold Xauusd| Fund Manager

Tag: CAC40