Today’s video can only really be about one thing and one thing only: that's the new bullish wave on global indices, especially European.
Today’s video can only really be about one thing and one thing only: that’s the new bullish wave on global indices, especially European. Explain it as you want: vaccine, V-shape reversal, or stimulus, the new upswing is a fact.
DAX managed to escape from the sideways trend and break ultra-important resistance on 12800 points. The breakout is very firm and it looks like sellers completely abandoned their stronghold. Sentiment in the long-term is definitely positive. In the short-term, we can expect a small bearish correction, which would be pretty normal in these kinds of movements.
Now French CAC, which created a very handsome inverse head and shoulders pattern. We managed to break the neckline, so the buy signal is ON. Next stop, the dynamic resistance connecting highs from June and July.
Last but not least is the SP500, which is getting ready to make new all-time highs. We are very close, so it seems just a matter of time. Big chances that it will happen this week, or even today.
During his career, Tomasz has held over 400 webinars, live seminars and lectures across Poland. He is also an academic lecturer at Kozminski University. In his previous work, Tomasz initiated live trading programs, where he traded on real accounts, showing his transactions, providing signals and special webinars for his clients.