Oil may make a decision todayIs the weekly breakout on Oil futures going to continue? A strong iMTF resistance is setting up at 54.68; the halfway of the spike down from Tuesday 1-3-2017. It will be interesting to watch at this level.
Imtf
ABT aggressive resistanceABT as a more aggressive Weekly resistance play to hedge against market going bearish in ABT's time til earnings
SBUX held weekly supportSBUX held weekly support with timing. Clear where it may go to black cross iMTF resistance in the run up to earnings
BMY could run up to earningsBMY would be on a run up to Weekly resistance off a Daily breakout pre-earnings
Where is Bitcoin going?Using the new iMTF indicator to find levels in the past I can superimpose the major levels from the 2013 move to see where price is going. I only just began using this but the major levels of 781 and 691 were already written in the 2013 major run price action.
The next levels are going to be 856 and then 963. Wait and see...
Bitfinex Tokens setting up bearishA bearish Ichimoku cloud breakout is setting up on the Bitfinex repayment tokens. A bearish trend could form on the break of the consolidation which has a bottom around $0.50 and could retrace part of the premium move since inception. Lacking more data the best retracement would be the 61.8% Fib which matches with the immediate rally highs. Keep an eye out
