In his last report of 2019, our analyst provides 'cut out and keep' forecasts for the new year.
A "Print This Out" section
To signal potential danger levels against indices, on the S&P 500 we think 3,280 may prove troubling.
If exceeded, 3,500 almost must provide "issues". The index requires below 2,930 to spoil this calculation.
For the Dow Jones, travel to 29,900 shall not surprise us. And, if bettered, 31,900 looks like a great level to try out a parachute. It will need below 27,000 to justify changing underwear.
Germany and the DAX is interesting as 14,100 calculates as possible. If bettered, it could even climb 1,000 points higher before it "must" reverse. Below 12,470 and we'd start be concerned things are going wrong.
France with the CAC40 should run out of steam around 6,500 points. Needs below 5,380 for panic.
Finally, the FTSE 100. It feels like 7,860 should provoke some sort of ceiling but, if exceeded, the index could clamber up to 8,050, a point where oxygen masks risk failing. The UK market requires below 6,750 to give serious concern for its future.
Our best wishes for a profitable 2020. And thanks for tolerating this headline section, where we try and use words to glue the numbers together!
One of the civilised things in Scotland is the 2nd January being a holiday, so we shall return on Sunday evening.
Source: Trends and Targets Past performance is not a guide to future performance
Alistair Strang has led high-profile and "top secret" software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know "how it worked" with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology.
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