for a long time I began to spend more time analyzing Polish futures. This is a Index that from the beginning of the year continued a trend opposite to the SP500 and DAX.
I believe that the reluctance of foreign capital to invest in the Polish market comes from the lack of clear information from the government about the marginalization and limited cash inflows to the open pension funds performing the role of the second pillar of the pension.
Another drawback, which may discourage speculation in the futures contract is too low liquidity for them.
Nevertheless, I believe that it is worthwhile to focus on the analysis. Below you will find two scenarios where according my opinion more probable to realize the forecast is the first charts.
Of course, comments are welcome :)
 |
| chart 1, FWIG20 scenario 1 |
 |
| chart 2, FWIG20 scenario 2 |
as is clearly seen in the two scenarios, the chart for the next few days (weeks) will behave the same way. An important point where to decide which of the scenarios is correct is the level of 2500 points. Then puncture this level will open the way to new heights. If the market turn around and you should see new lows being the last leg of the correction "C".
best, oscarjp
The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Any opinion offered herein reflects oscarjp-chrimatistikos current judgment and may change without notice. Users acknowledge and agree to the fact that, by its very nature, any investment in shares, stock options and similar and assimilated products is characterised by a certain degree of uncertainty and that, consequently, any investment of this nature involves risks for which the user is solely responsible and liable.
No comments:
Post a Comment