Market Equities


Junior member
USA : see charts attached .

So as u can see a lot of bull patterns have been made on friday's bottom in USA ( nasdaq100 , mini dow , mini es and Spx ) . I still think ( high prob ) that the top is not here and soon a last wave up will follow . I move the target of this wave up from 2140-2180 to 2180-2240 .
On any USA indices I see no bear pattern daily or weekly or intraday .
The AAII sentiment shows very low bullish sentiment ( 32,07 ; excess is when above 55 and better above 60 ) :

For all these reasons the goal is still to buy and find where .
I see 2 outcomes :
-bottom was made friday ( Esm15 didnt reachits 2050 but NKY and Dax reached their targets at 19600 and 11800-11780 ) and we wait retrace of bull pattern at 2070 esm15 to buy .
-bottom is not made yet : esm15 sees 2050-2040 first and there on any bull pattern intraday it is buy .

Europe : Dax reached target :11800-11780 but so far no intraday bull pattern . So I suspect on monday a quick down at opening and esm15 retest 2070 then bull pattern and up begin to 12500-13000 . Same idea on Cac40 and eurostoxx50 .
However , keep in mind that PSI20 ( portugal ) and Bel20 ( belgium ) did bear patterns and eurostoxx50 and eurostoxxbank did too ( 2weeks timeframe ) . Regarding which indices to play these last leg up I prefer much more SPX , DJIA ( very confident on this one) , Cac40 and NKY . I will not touch eurostoxx (too heavy in banks) and Dax .

Japan: NKY : it reached 19600 ( closed at 19565 ) , however no clear bull pattern intraday so it shd follow USA and europe on monday and close the gap at 19435 so 19450 on Nxm15 . Then bullish to 204xx-206xx ; max 21500 .


  • bull_pattern_friday.jpg
    248.3 KB · Views: 282
  • dax_wave_IV.jpg
    155.4 KB · Views: 298
  • spx_april.jpg
    113.7 KB · Views: 267
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock    No Thanks