S&P 500 Daily Chart Analysis For July 1, 2022 Technical Analysis and Outlook
The S&P 500 market played out our down move from Mean Res 3940 (See: S&P 500 Daily Chart Analysis For June 24). Currently, we have
bounced-up movement targeted at Mean Res 3912 and retest of 3940 - With the extended possibility to Inner Index Rally 4120. However, if all fails, the market will take us down to the newly created Mean Sup 3785, with the opportunity of retesting Key Sup 3666.
Priceanalysis
Bitcoin (BTC/USD) Daily Chart Analysis For July 1, 2022Technical Analysis and Outlook:
Bitcoin is trading at under $20,000 as it is waiting for oxygen therapy - with the possibility of making advancements to Mean Res $21,575 and a low probability additional rally to Mean Res of $22,670; currently sitting at our of Key Sup $18,900. The coin is facing take down to the #2 Outer Coin Dip $15,500 mark.
EUR/USD Daily Chart Analysis For July 1, 2022Technical Analysis and Outlook:
The Eurodollar market pushed the 1.04 mark on Friday - Our Key Sup 1.038 was the primary show stopper. The market appears to be likely to fall to an Inner Currency Dip of 1.031, and an ultimate Outer Currency Dip of 0.9765 is in the making.
Bitcoin (BTC/USD) Daily Chart Analysis For June 24, 2022Technical Analysis and Outlook:
Since the June 18th completion of our Outer Coin Dip of $18,665, the Bitcoin is advancing slowly to our Mean Res of $22,670; however, if all fails, the coin will take us to the retest of Key Sup $18,900 and #2 Outer Coin Dip $15,500 mark.
EUR/USD Daily Chart Analysis For June 24, 2022Technical Analysis and Outlook:
The Eurodollar market has been trading under our Mean Res 1.077 and is possibly poised to move higher to the Inner Currency Rally 1.0678. The top Key Res 1.077 is the main show stopper. However, the Inner Currency 1.031 and ultimate Outer Currency Dip 0.9765 is in the making.
S&P 500 Daily Chart Analysis For June 17, 2022 Technical Analysis and Outlook
In the week's trading, the S&P 500 market dropped 5.8 percent and completed our Outer Index Dip 3640. Upon verification (In progress), expect the rebound to Mean Res 3788; however, if all fails, the index will take us to the next Outer Index Dip 3530 mark.
Bitcoin (BTC/USD) Daily Chart Analysis For June 17, 2022Technical Analysis and Outlook:
This week was marked by sharp declines and panic in the Bitcoin market. Bitcoin's trending price action hit our Outer Coin Dip at $18,665. With this primary path completed, upon verification (In progress), expect the rebound to Mean Res $22,670; however, if all fails, the coin will take us to the #2 Outer Coin Dip $15,500 mark.
EUR/USD Daily Chart Analysis For June 17, 2022Technical Analysis and Outlook:
The Eurodollar market has been bouncing around throughout the week, settling over the 1.06 mark but then falling below the 1.04 threshold at a certain point - closing at 1.049. The Mean Res 1.058 level is an attraction for the price action, while an outstanding Inner Currency Dip 1.031 looms below. Ultimate Outer Currency Dip 0.9765 is in the making.
EUR/USD Daily Chart Analysis For June 10, 2022Technical Analysis and Outlook:
The Eurodollar got clobbered during the week, mainly on Thursday and Friday trading sessions, as shown on our Daily Chart Analysis For June 3, with the Meen Res 1.077 being the main culprit with the 1.046, 1.038 support level will come into focus in the upcoming trading sessions: Our Inner Currency Dip 1.031 is the ultimate intermediate outcome. Short-term rallies will be in order.
S&P 500 Daily Chart Analysis For June 10, 2022 Technical Analysis and Outlook
The index bounced between our Mean Sup 4088 and Key Res 4177. But from the Wednesday session, all went downhill, as shown on S&P 500 Daily Chart Analysis For June 3. Critical Key Sup 3860 and low 3810 are the following targets: The ultimate Next Outer Index Dip 3640 is the primary mark. Short-term rallies are expected.
S&P 500 Daily Chart Analysis For June 3, 2022 Technical Analysis and Outlook
The previously specified (S&P 500 Daily Chart Analysis For May 20, 2022)
Mean Res 4088 inverted to Mean Sup 4088 performed at best on May 1 and 2 this week trading. A solid dead-cat rebound is completed; however, follow-through to New Mean Res 4177 is possible - from where we stand, a down move is expected.
EUR/USD Daily Chart Analysis For June 3, 2022Technical Analysis and Outlook:
The Euro has created a new Mean Res 1.077 and Mean Sup 1.065.
The next strong resistance is in the 1.085mark. On the downside, the Mean Sup 1.056, Mean Sup 1.046, and Key Sup 1.038 are the primary targets - The ultimate Inner Currency Dip is marked at 1.031.
S&P 500 Daily Chart Analysis For May 27, 2022 Technical Analysis and Outlook
From the completed Outer Index Dip 3905, a significant solid dead-cat rebound is in progress. With Mean Res 4088 taken out, the very likelihood destination is marked at Key Res 4296 - from where the renewed down move is expected.
EUR/USD Daily Chart Analysis For May 27, 2022Technical Analysis and Outlook:
The Euro gained quite a bit over the trading week, breaking over our Key Res 1.062 price level. The next strong resistance is in the 1.08 area. On the downside, the Mean Sup 1.056, Mean Sup 1.045, and Key Sup 1.038 are the primary targets - The ultimate Inner Currency Dip is marked at 1.031.
EUR/USD Daily Chart Analysis For May 20, 2022Technical Analysis and Outlook:
The Euro has seen a significant dead cat bounce throughout the week of trading to surpass the 1.06 mark; however, it seems to be struggling with the Key Res 1.062 level. On the downside, the Mean Sup 1.045, Key Sup 1.038, is the main target - The ultimate Inner Currency Dip 1.031.
EUR/USD Daily Chart Analysis For May 13, 2022Technical Analysis and Outlook:
Euro has completed Inner Currency Dip 1.050. With oversold sentiment, it may make a run back towards the completed Inner Currency Dip mark and employ it as a new resistance level; however, the Next Inner Currency Dip 1.031 is inescapable.