Segue uma simples leitura de mercado desde o Crash Covid-19. Mercado encontrou seu fundo fim de março de 2020, e seguiu fazendo uma recuperação em uma clara tendência de alta renovando máximas históricas consecutivas sendo estimulada por políticas de juros baixos e pacotes de estímulos adotados pelo FED. Utilizo a técnica de traçar alvos técnicos ao fazer projeções de movimentações passadas, pois o mercado costuma mover-se incrivelmente dentro das razões de Fibonacci. Sendo assim, ao olhar para o gráfico do SPX500 vemos que está respeitando os limites de um Canal de Alta, porém demostrando uma desaceleração do movimento e queda no volume. Utilizando a técnica de projeção de Fibonacci temos um possível alvo em torno de 4600 pontos sendo uma projeção de 100% de todo o movimento de queda de 2020. Pode ser um ponto crucial para uma correção mais forte do mercado ou até mesmo reversão, caso atinja o alvo de 100% e rompa a linha de tendência de Alta.
Here is a simple chart analysis of the SPX500 since the Covid-19 Crash. The market reached its bottom by the end of March 2020, and turned into a long recovery in a very clear upper trend, reaching consecutives All time Highs due to low interest rates and stimulus package by the FED. I have a "Target Price Projections" strategy that consists on taking in consideration former market price movements to project target prices based on Fibonacci, and the market respects Fibonacci proportions with incredible precision. Being that way, if we take a look as the SPX500 chart we can see its recovery respecting an Up Trend Channel, but the market is showing us that is moving up to higher prices slower and with low Volume. Using the technic of Fibonacci projections we have a possible target at 4600 points wich is a 100% of the March 2020 crash. It could be a crucial point to a market correction or even change into a short term down trend if we reach around 4600 point and breakdown the uptrend channel.
Thank you
Here is a simple chart analysis of the SPX500 since the Covid-19 Crash. The market reached its bottom by the end of March 2020, and turned into a long recovery in a very clear upper trend, reaching consecutives All time Highs due to low interest rates and stimulus package by the FED. I have a "Target Price Projections" strategy that consists on taking in consideration former market price movements to project target prices based on Fibonacci, and the market respects Fibonacci proportions with incredible precision. Being that way, if we take a look as the SPX500 chart we can see its recovery respecting an Up Trend Channel, but the market is showing us that is moving up to higher prices slower and with low Volume. Using the technic of Fibonacci projections we have a possible target at 4600 points wich is a 100% of the March 2020 crash. It could be a crucial point to a market correction or even change into a short term down trend if we reach around 4600 point and breakdown the uptrend channel.
Thank you