The BBVA Trader market specialist, Ángel Cotera, addresses expectations for financial markets until the end of the year. It is emphasized that forecasts are inherently difficult, if not impossible, and that the objective is to provide tools for decision -making, based on the interpretation of the behavior of general indices through technical analysis. It also points out that it is not recommendations or advice, but an interpretation of the price and the formation of patterns that reflect human behavior in the market.
As for Europe, The Dax German It shows a turn in August with lower maximum and minimums, indicating a background-backlocked tendency. The French CAC 40, meanwhile, has formed a roof at the beginning of the year and has been on a side since May. The Euro Stoxx 50 and the Euro stoxx 600 They also exhibit indecision and laterality, with maximum and minimum that do not define a clear trend.
Cotera also points out that the FT 100 London It has behaved differently, showing a very positive month in July, breaking previous maximums and consolidating over them, which suggests a corrective pattern with recovery. The IBEX 35, according to the analysis, has been «alky» since the late 2022, with consecutive candles of strong rise, even in the current month. In addition, the selective without dividend approaches the maximums of 2008, which could indicate benefits areas for very long -term investors.
In Asia, Japan (Nikkei 225) It has broken previous maximums and is considered a clearly long -term bullish market, with possible setbacks for tickets. China (Hansen) It presents a very good soil and a technical pattern that could indicate a significant long -term bullish projection, although it is recommended caution and expect setbacks.
Already looking at Wall Street, It emphasizes that US markets show a remarkable strength. The Dow Jones Indege has exceeded the maximums of the late 2024 and early 2025, consolidating in a medium and long -term bullish trend. The Nasdaq and the S&P 500 also confirm a clear ascending path, breaking maximum in July. It also observes that, unlike Europe, these indices are not lateralized and maintain an obvious upward trend. The ‘7 magnificent’ reflect this upward trendwith minimal and maximum ascending, despite the expectations of correction that have not materialized.
In the weekly analysis, Heikin Ashi candles are used to evaluate the strength of the values, and emphasizes the importance of establishing Stop-LOSS for the price for medium-term investors. It also warns about the complexity of the Stop-Loss and it is suggested that the trends of «Buy and Hold» can be more effective in certain indices. Analyze specific formations such as «shoulder, head, shoulder» in the Daxwhich could indicate a fall if certain levels are lost. The weekly CAC 40 remains lateral and the euro Stoxx 50 weekly also shows laterality, with a clear stop-loss for the medium term.
In the short term, In the daily analysis, it is observed that the Dax and CAC 40 have laterality patterns, with defined supports and resistances. The Daily Stoxx Euro shows a bearish involvement after not closing a bearish hole in three sessions, which accelerates the process towards a stop -los. London, in the newspaper, shows a clear and minimum resistance that, if lost, could generate sales due to domino effect.
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