Weekly Predictions (Mar 4 - 8)- Stochastic Oscillator indicating pair is overbought
- Pair broke strong resistance and successfully retested, may be an indication that the uptrend will continue
Predictions
Weekly Predictions (Mar 4 - 8)- RSI and Stochastic Oscillator both indicating pair is overbought
- Pair approaching strong resistance 149.5 (price has been unable to cross and close since May 2018)
Weekly Predictions (Mar 4 - 8)- Oscillators approaching oversold territory
- Price closed at previous resistance, may function as support now
Weekly Predictions (Feb 25 - Mar 1)- Ranging
- Stochastic Oscillator chilling in overbought conditions
Weekly Predictions (Feb 25 - Mar 1)- Price consolidating at previous resistance
- Overbought on Stochastic Oscillator
- Possible Double Top in the works of being formed
Weekly Predictions (Feb 25 - Mar 1)- Reversal candlestick pattern suggesting beginning of a downtrend after pair came from a sustained uptrend, made new yearly highs and had double confirmation of being overbought on the Stochastic Oscillator and RSI
- Wait for break and retest of previous resistance, now turned support and EMA (25, close) on the downside
Weekly Predictions (Feb 18 - 22)- Price overbought on Stochastic Oscillator
- Price reversed at key level (111), may function as strong resistance
Weekly Predictions (Feb 18 - 22)- Price oversold on Stochastic Oscillator
- Price experiencing instability at strong support level
Weekly Predictions (Feb 18 - 22)- Price is oversold on the Stochastic Oscillator
- Price reversed at recent low
- Might form a double bottom
Weekly Predictions (Feb 18 - 22)- Price broke briefly below EMA (25, close) and returned above, the following candlestick
- Price neither overbought nor oversold
Weekly Predictions (Feb 18 - 22)- Price neither oversold nor overbought
- Recent consolidation above EMA (25, close), price was unable to break on the downside
- Price is now at recent highs, could form a double top or break above zone
- Price would need to close above zone on the daily or 4-hr chart
Two possible futures of SPXIf trade issues resolved, green line. If tariffs crash economy, the red line.
Weekly Predictions (Feb 11 - 15)- Price approaching strong support … Pair has only been able to cross once since June of 2017
Weekly Predictions (Feb 11 - 15)- Price retraced to 0.5 fib level, may continue on previous down trend
Weekly Predictions (Feb 11 - 15)- Price directly above EMA (25, close), following tentative downward trend line
Weekly Predictions (Feb 11 - 15)- Price retested EMA (25, close), respected support and appears to be going up
- Price not yet overbought
- Could possibly form a double top
