NQ expectations based on macro-economic analysis and structural

27 Nov 2023

There are 2 scenarios that I expect to occur, both with the final outcome, the circumstantial achievement of historical highs, because: we had a response to the restrictive monetary policies of the FED before 3/11/2023 with a lower than expected NFP and a rate of rising unemployment; then with decreasing inflation. I expect scenario 1 (white) to occur if in these days the markets close with a bearish acceptance below the last Value Area; scenario 2 (green) only if we have a bullish acceptance of the last established maximum. Seasonality should also not be overlooked as we are in Q4 and the very close Christmas rally, a Risk-ON period.

15 Dis 2023

Nota

I think we have reached the Top, in the next few days coinciding with the expiration of the options, we will at least see a retracement of the price, which at the moment is strongly unbalanced upwards.