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Globalforecast

Nearest goals in bitcoin correlated with my previous forecastI expect that in this week (maximum tuesday) we will close somewhere between 50-53k - then we will get similar candle pattern as in the past. The shadow of candle cover more than 50% of the previous week candle. Previous time we've got a 2 week correction. On tuesday upper boundary of the rising wedge (we are in this wedge whole bull run from 21 july - you need to draw it on 4H chart) will be exactly near 52k. Correction from 52k would be till 40.7k (0.5% fibo level), but the candle shadow can fall till 38.8k. After this correction we will rise till 68k (1.618% fibo level) - as in my previous forecast which is more global (check it to get to know how I see the future of bitcoin for nearest years). We will reach 68k in the end of September - in October we will start to fall till 20k - it can be very fast because of black swan, so be careful.
BITFINEX:BTCUSD
by DBerendey
2
Watch the S&P for a massive breakout/breakdown moveWatch the ES/S&P for a massive breakdown or breakout move near this inflection point. My Tesla Arcs are showing price is, just now, breaching the current arc and that usually prompts a bit of price rotation. You can see from my price channels that any rotation lower would likely end near the Green upward sloping price channel and would likely prompt further upside price activity. The news from China regarding continued fiscal easing in an attempt to prevent a capital market/stock market collapse is extending. I believe this will be a complete train wreck for China as they have placed themselves in a very fragile position. If I'm correct, volatility will increase over the next 3~6+ weeks as more news and re-positioning of capital takes place across the globe. My analysis of the Euro shows the EU market could also face continued pressures. My assumption is that as China continues to deflate - it will take other "fringe" markets down with it. Thus, infrastructure and other capital project in other nations could be a catalyst for a broader market decline. This means the US market, which is somewhat immune from these contagion issues, should continue to push higher eventually.
CME_MINI:ES1!Long
by BradMatheny