A monthly overview of the main stock indices, above all FTSEMib, S&P 500 and , with the contribution of Calogero Selvaggioanalyst and part of the Investing.com Italy Team.
In today’s video we will analyze the major indices, their performances and possible evolutions:
Positive sentiment continues to be high but could the uptrend be at risk?
1) FTSE MIB: Bearish Head and Shoulders Pattern Respected. Death Cross of Moving Averages Signals Possible Extension of Downside?
2) S&P 500: Target 5500 points respected. Rising Wedge pattern formation signals possible retracement, how will it end?
3) Nasdaq: Target 20k points touched. Symmetrical triangle pattern formation signals trend weakening or continuation?
4) : Keep marking red. The 0.618% level is a key level for possible future declines…
What happened in June? July will be the month of confirmations, between central banks and possible weakness of the trend
WATCH NOW
YT analysis LINK:
Video Topics :
– More interesting analysis (at min 00:20)
– Hang Seng (al min 13:16)
– How to apply Discount Coupon (at min 15:36)
Until next time!
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“This article was written for information purposes only; it does not constitute a solicitation, offer, advice, consultancy or investment recommendation as such it is not intended to encourage the purchase of assets in any way. I would like to remind you that any type of asset is evaluated from multiple points of view and is highly risky and therefore, every investment decision and the related risk remain the responsibility of the investor”.
