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.
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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.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of April 7, 2023Technical Analysis and Outlook:
The coin price action blitzed under its completed Intermediate Outer Coin Rally of HKEX:29 ,200 and strategic pullback to Mean Sup HKEX:29 ,900 this week. Current price action suggests a vital decline to Mean Sup HKEX:26 ,900. The upside target scenario is the Outer Coin Rally of HKEX:30 ,000, and the extension to the Outer Coin Rally of HKEX:31 ,700 and Key Res of the same price is not viable now.
EUR/USD Daily Chart Analysis For Week of March 31, 2023Technical Analysis and Outlook:
The currency repeated its completed Intermediate Inner Currency Rally of 1.092, posting new Mean Res 1.090 with a price action pointing to our Mean Sup 1.074 - Resumption downtrend to Mean Sup 1.050 and Inner Currency Dip of 1.046 in process.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of March 31, 2023Technical Analysis and Outlook:
The coin repeated its completed Intermediate Outer Coin Rally of $29,200 and strategic pullback to Mean Sup $29,900 this week. Also, current price action indicates a possible rinse and repeat of the trading envelope. The upside target scenario is the Outer Coin Rally of $30,000 and an eye on the following extension to the Outer Coin Rally of $31,700 and Key Res of the same price.
EUR/USD Daily Chart Analysis For Week of March 24, 2023Technical Analysis and Outlook:
The currency has completed our Inner Currency Rally 1.092 as well, posting new Mean Res 1.085 with a possibility of the retest of the letter. The main down path target is Mean Sup 1.074 - Resumption to Inner Currency Dip of 1.046 is in progress.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of March 24, 2023Technical Analysis and Outlook:
With the completed Intermediate Outer Coin Rally of $29,200, the coin is retreating to Mean Sup $26,200. The current upside target is the Mean Res $28,400, a retest of the Intermediate Outer Coin Rally of $29,200, and fulfillment of the next destination, an Outer Coin Rally of $30,000.
S&P 500 Daily Chart Analysis For Week of March 17, 2023Technical Analysis and Outlook
The Spooz downward trend continued earlier in the week and completed our Interim Inner Index Dip 3820 - The upside rebound followed in the second part of the week by hitting the Mean Res 3927. The rebound should continue to Intermediate Outer Index Rally 3980; however, the retracement to Mean Sup 3878 is predisposed.
EUR/USD Daily Chart Analysis For Week of March 17, 2023Technical Analysis and Outlook:
The currency continued trading within Mean Sup 1.054 and extended to Mean Res 1.075 envelope this week as specified on Daily Chart Analysis For the Week of March 10 - Resumption 2nd phase pullback to Inner Currency Dip of 1.046 is in progress.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of March 17, 2023Technical Analysis and Outlook:
With the completed downfall to our Completed Outer Coin Dip of $19,700 on March 10, the coin rebounded strongly to an Outer Coin Rally of $26,000 and $27,000, respectively, as shown on the Daily Chart Analysis Update For the Week of February 17. The current upside target is the Intermediate Outer Coin Rally of $29,200 and Outer Coin Rally of $30,000 - The Mean Res $31,700 might be possible this week. Once these completed rallies are verified and validated by Trade Selecter System, we will see the pullback to Mean Sup $26,200.
S&P 500 Daily Chart Analysis For Week of March 10, 2023Technical Analysis and Outlook
The Spooz downward spiral continued this week - Mean Supports 3955 and 3890 were hit extensively. The downward spiral to the Interim Inner Index Dip 3820 will continue this upcoming week and possibly trigger a significant retest of the Key Sup and Interim Inner Index Dip 3785. The main upside target is designated to Mean Res 3927 from 3820 and/or 3785 price point
EUR/USD Daily Chart Analysis For Week of March 10, 2023Technical Analysis and Outlook:
The currency continued trading within Mean Sup 1.054 and Mean Res 1.070 envelope this week as specified on Daily Chart Analysis For the Week of March 3 - Resumption 2nd phase pullback to Inner Currency Dip of 1.046 is in progress.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of March 10, 2023Technical Analysis and Outlook:
The coin continued to downfall passed our Mean Supports of $21,500 and $20,476 this week to complete the Outer Coin Dip of $19,700. Once this completed knockdown is verified and validated by Trade Selecter System, we will see the rebound - the initial target of Mean Res of $20,900 with a possible extension to Mean Res of $22,500. The rally to Key Res of $25,000 and the Outer Coin Rally of $26,000 is postponed until further notice.
S&P 500 Daily Chart Analysis For Week of March 3, 2023Technical Analysis and Outlook
The Spooz has completed an interim retreat (60 min chart - not shown). The upside target is designated at Mean Res 4080 with the possibility of extending to Mean Res 4080. Notwithstanding, the newly created Mean Sup 3955 is our intermediate downside target - Retest. The downward spiral to the Inner Index Dip 3785 is to be continued within this week and undoubtedly next week's price action.
EUR/USD Daily Chart Analysis For Week of March 3, 2023Technical Analysis and Outlook:
The currency is in doggy do rebound mode to the initial target of Mean Res 1.070 with a wild possibility of drifting to the Mean Res 1.075 - Resumption 2nd phase pullback to Inner Currency Dip of 1.046 will continue.
Bitcoin (BTC/USD) Daily Chart Analysis For Week of March 3, 2023Technical Analysis and Outlook:
The coin continues our technical analysis scenario from the previous week showing an earmark move to Mean Sup $21,500 as a primary destination. Once this knockdown market cools off, we will see a resurgence to the upside - the initial target of Mean Res of $23,600 with a solid rally to Key Res of $25,000 and the strong possibility to Outer Coin Rally of $26,000.
S&P 500 Daily Chart Analysis For Week of February 24, 2023Technical Analysis and Outlook
The index Mean Res 4145 was the culprit target with the recent Intermediary Up Trend as shown on S&P 500 Daily Chart Analysis For the Week of Feb 17; all three targets were hit - Mean Sup 4060, Mean Sup 4015, and the Inner Index Dip 3980. The newly created Mean Res 4028 is our intermediate upside target - Dead-cat bounce. Keep in mind that the current bearish market sentiment is intact. There is a significant possibility that the Mean Sup 3890 and retest could be undertaken of Key Sup 3785 and completed of the Inner Index Dip 3785 as well.
EUR/USD Daily Chart Analysis For Week of February 24, 2023Technical Analysis and Outlook:
The Eurodollar continued a downward spiral this week, as shown on EUR/USD Daily Chart Analysis For the Week of Feb 17. The price action hit our Mean Sup 1.066 for several days, indicating its bearish mode. The leading downside target designation is Mean Sup 1.052 and the Inner Currency Dip of 1.046. Once this puppy hits our targets, we will see a revival to the upside aiming for the main target of the Mean Res 1.060.
Bitcoin (BTC/USD) Daily Chart Analysis For Week of Feb 24, 2023Technical Analysis and Outlook:
After hitting our Key Res $24,500, as shown on the Bitcoin Daily Chart Analysis Update For the Week of Feb 17, the coin is retreating aggressively, striking our target of the Mean Sup $23,500 as marked and showing an earmark move to Mean Sup $21,500. Once this puppy settles down, we will see a resurgence to the upside - the initial target of Key Res $25,000 with a rally all the way to the Outer Coin Rally of $26,000 and the Extended Outer Coin Rally of $27,000 targets.
S&P 500 Daily Chart Analysis For Week of February 17, 2023Technical Analysis and Outlook
The index continues to respect our Mean Sup 4060 target as shown on S&P 500 Daily Chart Analysis For the Week of Feb 10. The newly created Mean Res 4145 is our intermediate upside target - However, keep in mind that the temporary bearish market sentiment is intact, and a significant possibility that the Mean Sup 4060 retest could be undertaken with an eye on the inner stepping stone of Mean Sup 4015 and completion of the Inner Index Dip 3980.
EUR/USD Daily Chart Analysis For Week of February 17, 2023Technical Analysis and Outlook:
The Eurodollar this week continued a downward retreat. The price action created new Mean Sup 1.066 as the intermediary beak point from the knockout punch. The leading upside target designation is Mean Res 1.075 - dead cat rebound. Once this puppy settles down, we will see a revival to the downside aiming for the main target of the Inner Currency Dip of 1.046.
Bitcoin (BTC/USD) Daily Chart Analysis For Week of Feb 17, 2023Technical Analysis and Outlook:
The coin is resting comfortably at our Key Res $24,500, as shown on the Bitcoin Daily Chart Analysis Update For the Week of Feb 16. We expect a pullback to our Mean Sup $23,500 for this week's price action. Once this puppy settles down, we will see a resurgence to the upside - the initial target of Key Res $24,500 (Retest) with a rally all the way to the Outer Coin Rally of $26,000 and Soon-To-Be the Outer Coin Rally of $27,000 outcome.