EUR/USD Daily Chart Analysis For Week of May 26, 2023Technical Analysis and Outlook:
This week's eurodollar price action was lower, and the current trading pattern suggests the designated target of the Inner Currency Dip is 1.064 in the making, as indicated in last week's daily chart analysis, with the possibility of falling further to Mean Sup 1.054. We also anticipate a quick rebound to Mean Res 1.075 with the potential to reach Mean Res 1.082 upon completion of its main target.
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Bitcoin(BTC/USD) Daily Chart Analysis For Week of May 26, 2023Technical Analysis and Outlook:
During this week's trading, the coin has successfully retested the Inner Coin Dip zone and is now expected to bounce back towards the newly established Mean Res $27,500 target. Furthermore, it is anticipated to continue its upward movement towards Mean Res $28,250 in the upcoming week, thereby reigniting the price action upward direction.
Bitcoin Bearish for rest of year. Buy in DecemberAs much as I love BTC for a insurance policy against government debt, it is still subject to human nature. Fear and Greed. And with proxy exposure to the function of all financial markets, liquidity. I want to believe that we have seen the worst that is to come for now but at this point it feels like sticking my head in the sand.
How can we not see a correction in the markets that is one for the history books after the swings we have experienced over the last few years? Or was there just SO much liquidity in the system at basically 0% interest rates for a decade that even after an increase of FED fund rates (10 fold of anything we have seen, ever) we have just made up for lost time and its now time to carry on as per schedule.
The trade:
- Short any pops (ie retest of trendline) until later this year
-All in again in Nov 2023 to Feb 2024 (debt crises should have sorted itself out by then)
S&P 500 Daily Chart Analysis For Week of May 19, 2023Technical Analysis and Outlook:
This week's index has increased substantially in conformity with the S&P 500 Daily Chart Analysis for the Week of May 12. It is expected to reach our primary destination of Outer Index Rally at 4230. However, there's a possibility of a drop to Mean Sup 4161.
EUR/USD Daily Chart Analysis For Week of May 19, 2023Technical Analysis and Outlook:
This week's currency drifted lower with the stronghold of our Mean Sup 1.076. Based on the current trading pattern, this downward trend is in dead cat rebound mode targeting Mean Res 1.087. The designated target of the Inner Currency Dip is 1.064 in the cards.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of May 19, 2023Technical Analysis and Outlook:
Throughout the week, the coin's prices remained relatively stable, fluctuating between the Completed Inner Coin Dip of $25,800 and the Mean Res of $27,650. However, the emergence of a new, less significant Mean Sup of $26,750 indicates the possibility of a drop in price to the Inner Coin Dip of $25,800 or even lower to the Outer Coin Dip of $23,950. Conversely, there is currently no indication of an increase in price action to and beyond the Mean Res of $27,650 and $28,250.
S&P 500 Daily Chart Analysis For Week of May 12, 2023Technical Analysis and Outlook:
The Spooz had a week of fluctuating and narrow range trading, which indicates that a renewed upward trend is likely to happen next week, intending to reach Key Resistance at 4180 and Outer Index Rally at 4230, as we predicted. However, the current price action may also suggest a drop to Mean Support at 4060.
EUR/USD Daily Chart Analysis For Week of May 12, 2023Technical Analysis and Outlook:
Over the week, the currency's price action nose-dived and hit our Inner Coin Dip of 1.085. Based on the current trading pattern, this downward trend may continue and reach a low point of Mean Sup 1.074. However, there is still great potential for a rebound by calling a high target of Mean Res 1.098.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of May 12, 2023Technical Analysis and Outlook:
During the week, the coin experienced a price decrease and completed an Inner Coin Dip of $25,800. However, the current price action indicates a likely increase to Mean Res $27,650 and even Mean Res $28,250. If the price continues to fall, it may reach an Outer Coin Dip of $23,950.
S&P 500 Daily Chart Analysis For Week of May 5, 2023Technical Analysis and Outlook:
During the week, the Spooz experienced active trading within the range of Key Res 4180 and Mean Sup 4060. The next significant goal is to retest Key Res 4180 and surpass it to reach the Outer Index Rally 4230. Achieving this would be a crucial turning point and lead to a retreat to the inverted Key Res 4180 as a new support level.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of May 5, 2023Technical Analysis and Outlook:
Throughout the week, the coin remained steady between our Mean Res $30,500, Intermediate Coin Rally of the same, and Mean Sup $27,000. It established a new soft Mean Res at $29,500 and a strong Mean Sup at $28,000, which most likely will be retested. This price action indicates that there will be robust progress in reaching the Next Outer Coin Rally point of $31,700 and, ultimately the Main Outer Coin Rally at $34,000.
S&P 500 Daily Chart Analysis For Week of April 28, 2023Technical Analysis and Outlook:
The Spooz, in a robotic fashion, is advancing toward our Key Res 4180 after a pullback to Mean Sup 4060 was achieved - The next major target is Outer Index Rally 4230. The Outer Index Rally 4230 completion will trigger a pivotal retreat to inverted Key Res 4180 as a standing support level.
EUR/USD Daily Chart Analysis For Week of April 28, 2023Technical Analysis and Outlook:
This week, the currency has completed our anticipated target of Outer Currency Rally 1.110 - And with the retreat stayed under Key Res 1.105. The possible retest of the Outer Currency Rally 1.110 might push the currency to a potential Major Key Res 1.116. On the downside, the expected targets are Mean Sup 1.097 and long expected Mean Sup 1.080.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of April 28, 2023Technical Analysis and Outlook:
The coin made a significant pullback to our Mean Sup of HKEX:26 ,900, which was achieved with a substantial price increase following the Mean Res and Intermediate Coin Rally levels of HKEX:30 ,500, which is in process. This will be followed by a further boost to reach the Next Outer Coin Rally point of 31,700 and, eventually, the Main Outer Coin Rally point of HKEX:34 ,000.
Algebra LONG PLAY - 150% Potential Gain
Current Price: $.0248
Entry Price: If it breaks the Diagonal resistance ($.025-$.028)
Entry price if rejected by Diagonal resistance and bounces of diagonal support: (.0195-.021)
Resistance 1: $.0323
Target 1: $.051
Target 2: $.080
Stoploss: $.019
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S&P 500 Daily Chart Analysis For Week of April 21, 2023Technical Analysis and Outlook
The Spooz, in choppy trading this week, managed to advance to near our Key Res 4180 by creating weak Mean Res 4156. A pullback to Mean Sup 4090 is possible before reigniting the rally to Mean Res 4156 and Key Res 4180 and rallying substantially to Outer Index Rally 4230 as specified in the Daily Chart Analysis For the Week since February 3. The Outer Index Rally 4230 completion will trigger a pivotal pullback to inverted Key Res 4180.
EUR/USD Daily Chart Analysis For Week of April 21, 2023Technical Analysis and Outlook:
This week, the currency has mostly stayed the same in its trading pattern. However, it is expected to increase in price and reach Outer Currency Rally 1.110, with a potential for further maturation to Major Key Res 1.116. On the downside, the expected targets are Mean Sup 1.090 and 1.080.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of April 21, 2023Technical Analysis and Outlook:
The rally of the coin price has reached HKEX:30 ,500, which completes the Intermediate Coin Rally with a strong Mean Res at the same price. A significant pullback is underway, with the price declining toward the Mean Sup of HKEX:26 ,900.There is expected to be a substantial increase in the price, leading to a retest of the Mean Res and Intermediate Coin Rally levels of HKEX:30 ,500. This will be followed by a further boost to reach the Next Outer Coin Rally point of 31,700 and, eventually, the Main Outer Coin Rally point of HKEX:34 ,000. Stay tuned for further price action.
S&P 500 Daily Chart Analysis For Week of April 14, 2023Technical Analysis and Outlook
The Spooz, in choppy trading this week, managed to obsolete our outstanding target area - Mean Res 4126. The re-establishment of an upward trend will aim to obsolete Mean Res 4145 and punch through to Key Res 4180 and vital Outer Index Rally 4230 as specified in the Daily Chart Analysis For the Week of February 3. On the downside, there might be a significant pullback to Mean Sup 4090 before propelling renewed rally. The Outer Index Rally completion will trigger a pivotal pullback to inverted Mean Res 4145, considered the first Mean Support level.
EUR/USD Daily Chart Analysis For Week of April 14, 2023Technical Analysis and Outlook:
The Eurodollar has obsoleted two resistance targets: Mean Res 1.095 and Key Res 1.099, respectively, in the latter part of the trading session this week, aiming for a further upside move to Outer Currency Rally 1.110 and Major Key Res 1.116 for the present is deferred. The current downside target is Mean Sup 1.097 and 1.084.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of April 14, 2023Technical Analysis and Outlook:
The coin price action exploded through our completed Intermediate Outer Coin Rally of HKEX:29 ,200, Key Res HKEX:29 ,900, and Outer Coin Rally of HKEX:30 ,000 earlier this week's session, as flagged since Daily Chart Analysis for March 17. Current price action suggests a solid rally to Outer Coin Rally and Key Res HKEX:31 ,700. On the downside, Mean Sup is HKEX:29 ,800, the primary target.
S&P 500 Daily Chart Analysis For Week of April 7, 2023Technical Analysis and Outlook
The Spooz re-established an upward trend that continues without significant changes from the previous week's price action - we have a newly created Mean Res 4126, Mean Res 4145, and Key Res 4180 to conquer before establishing our main target Outer Index Rally 4230. On the downside, price action will take trading to inverted Mean Res 4145, considered as the first Mean Support level.
EUR/USD Daily Chart Analysis For Week of April 7, 2023Technical Analysis and Outlook:
The Eurodollar has obsoleted completed Intermediate Inner Currency Rally of 1.092 target and created a new Mean Res 1.095 to restart pivotal pullback to newly created Mean Sup 1.084 and expand the movement to Mean Sup 1.074 at a later development - Big picture downtrend to Mean Sup 1.050 and Inner Currency Dip of 1.046 is in the process.