Stock indices in the short term. Threat of rain

We started the second half of this dangerous month of May and in the air even floats the possibility that this great bull market correction that need is just around the corner.Months and months of continuous increases in the rates directors of Wall Street and the German Dax are crying out for a stretch corrective to renew the blood of an uptrend impeccable.

And all the way, however long, begins with a single step. Therefore, the first charts give notice of that section of the low short-term will be presented today. Of course, as in meteorology, satellite photo intraday charts that help us predict mean a week of rain, but will fail to guess that the spring is rainy.

The storm in the short term would begin with the crossing down decisively on those green lines that mark and that are listed on the Dax 7,275 points, 1,330 points the S & P 500 and Dow Jones Industrial 12,530. Met these assumptions, the more cautious would throw hand and close umbrella is extended. Those who look at something beyond, must wait for the rain intensified to find the raincoat.

Our Ibex 35, which long ago live your particular pressure drop, seems to be towards the March lows that channel led by bassist that define the red lines of the figure. Three successive failures in overcoming the area of ​​10,950 points have made clear two things: first, that trades around a strong bass control area, and second, we continue to differ in behavior from the exchanges bullish all maturities.

Obvious that we have just stated, some readers objected, but not least need to be repeated as often as needed.