S&P 500 Daily Chart Analysis For Week of September 29, 2023Technical Analysis and Outlook:
Based on this week's trading action, the Inner Index Dip 4212 seems to be experiencing a bias to a continued downward side pattern. The Mean Sup 4246 is playing a crucial role in holding the price. But, there's a chance that the market could rebound to Mean Res 4340 and even extend to Mean Res 4400 on the upside potential.
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EUR/USD Daily Chart Analysis For Week of September 29, 2023Technical Analysis and Outlook:
The Eurodollar has successfully reached our predicted Next Outer Currency Dip of 1.050 and has since rebounded strongly to retest the previously achieved Outer Currency Dip of 1.062, which is now considered a new resistance point. It is possible that the trading zone may continue to rise. The next target for a decrease is the retest of the Mean Sup and Outer Currency Dip of 1.050.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Sep 29, 2023Technical Analysis and Outlook:
Sliding down from Mean Res 27200 was this week's trading order. Following the rebound from the newly created Mean Sup 26200 and completed Inner Coin Dip 26000, the upside move is ongoing. Nevertheless, there is also a chance that the market may fall to Mean Support 26500 before resuming its upside movement.
EUR/USD Daily Chart Analysis For Week of September 22, 2023Technical Analysis and Outlook:
In this week's trading, the Eurodollar fulfilled its legacy by completing our Outer Currency Dip of 1.062 with an intermediate rebound retest to Mean Res 1.070 and 1.075 possibilities. The next major down target is the Outer Currency Dip of 1.050.
S&P 500 Daily Chart Analysis For Week of September 22, 2023Technical Analysis and Outlook:
In this week's trading, all our targets on the downside were hit: Mean Sup 4435, 4370, as well as the completed Inner Index Dip 4340. Currently,
we are expecting a rebound to Mean Res 4370, with a possibility to extend to Mean Res 4415. The possibility of reinstating down movement to Inner Index Dip 4212 is in the making.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Sep 22, 2023Technical Analysis and Outlook:
This week, Bitcoin did a backflip and created a new Mean Res 27200, with a substantial drop-down anticipation to our strategic Mean Sup 25100 and Outer Coin Dip 24200, as we anticipate a retest of the Mean Res 27200.
S&P 500 Daily Chart Analysis For Week of September 15, 2023Technical Analysis and Outlook:
The world's most popular trading and investing index gyrated this week within the last week hitting our Mean Sup 4435 and completed a pivotal rebound Mean Res 4520. Currently, there is a retracement underway to retest Mean Sup 4435 and 4370, as well as the completed Inner Index Dip 4340. The possibility of an intermediate extension to the completed Inner Index Rally 4590 is still being evaluated.
EUR/USD Daily Chart Analysis For Week of September 15, 2023Technical Analysis and Outlook:
This week, the Eurodollar continued drifting lower following last week, completing our Outer Currency Dip of 1.062. The continuation to the next Outer Currency Dip 1.050 is in progress; however, an intermediate rebound Retest to Mean Res 1.075 is possible.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Sep 15, 2023Technical Analysis and Outlook:
This week, the price action of Bitcoin made a strong recovery after reaching our Mean Support 25100. It is possible that it may continue to rise towards our Mean Resistance 27800. However, it may drop down to our strategic Outer Coin Dip 24200, as we anticipate a retest of the Mean Support 25100.
S&P 500 Daily Chart Analysis For Week of September 8, 2023Technical Analysis and Outlook:
The Spooz within the completed Pivotal Rebound, and Mean Res 4520 targets drifted lower to fulfill our retracement Mean Sup 4456 and is biased to go higher with the upcoming trading week. The possible Retracement Retest to Mean Sup 4370 and completed Inner Index Dip is not out of the trading envelope setup.
EUR/USD Daily Chart Analysis For Week of September 8, 2023Technical Analysis and Outlook:
The Eurodollar drifted lower in this week's trading, completing our Outer Currency Dip of 1.070. The continuation to the extension of the Pivotal Down targets 1.062 and 1.050 is in progress; however, an intermediate rebound Retest to Mean Res 1.080 is possible.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Sep 8, 2023Technical Analysis and Outlook:
This week, Bitcoin churned at our completed Outer Coin Dip 25600, indicating bias to move downwards crucial support targets: Mean Sup 25100 and 24300 along with Next Outer Coin Dip 24200. Pivotal Rebound Retest is also in play.
S&P 500 Daily Chart Analysis For Week of September 1, 2023Technical Analysis and Outlook:
The Spooz continued upside bias this week by ending its rally at Mean Res 4520. Continuation to completed the Inner Index Rally 4590 is a work in progress. However, the pullback to Mean Sup 4456 is also within the trading picture.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Sep 1, 2023Technical Analysis and Outlook:
On August 23, Bitcoin made a significant recovery and reached our Mean Resistance level. The next target on the downward movement is the Outer Coin Dip, which is at 24200. There is a strong chance that the Mean Resistance 27800 level may be retested.
S&P 500 Daily Chart Analysis For Week of August 25, 2023Technical Analysis and Outlook:
The Spooz rock and roll to the upside in this week's price action, hitting our Mean Res 4460 as advertised in Daily Chart Analysis For the Week of August 18 with rinse and repeat, is not out of the question. On the downside, price action continues targeting our completed Inner Index Dip 4340 for a retest and drift further down to the next Inner Index Dip 4212.
EUR/USD Daily Chart Analysis For Week of August 25, 2023Technical Analysis and Outlook:
This week's price action of the Eurodollar turned out to be nothing but down modish as projected, by fulfilling our Outer Currency Dip of 1.087 and drifting to the next Outer Currency Dip of 1.070. However, the dead-cat rebound to Mean Res 1.090 should not be ignored.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of August 25,2023Technical Analysis and Outlook:
This week, Bitcoin surpassed two key targets: Outer Coin Dip 28200 and 26900, indicating that the next Outer Coin Dip 24200 is likely, with the Mean Res 26650 serving as a temporary support for price action. However, an extension to Mean Res 27800 should not be dismissed.
S&P 500 Daily Chart Analysis For Week of August 18, 2023Technical Analysis and Outlook:
This week, the Spooz index finalized its down move by completing the Inner Index Dip 0f 4340. However, a strong rebound is possible with Mean Res 4460 as a primary target. On the downside, price action might churn about the completed Inner Index Dip 4340 and Mean Sup 4330 before taking off to the upside. Notwithstanding, if all fails, the market will take us to the Next designated target of Inner Index Dip 4212.
EUR/USD Daily Chart Analysis For Week of August 18, 2023Technical Analysis and Outlook:
The price action of the Eurodollar remained downwards as projected by Trade Selecter by completing our major target Outer Currency Dip 1.087. However, a strong rebound is possible with Mean Res 1.101 as a target. On the downside, price action might take us to the Next Outer Currency Dip of 1.070.
S&P 500 Daily Chart Analysis For Week of August 11, 2023Technical Analysis and Outlook:
The Spooz index continued this week to drop to fulfill its destination of Mean Sup 4403 and the possibility of Mean Sup 4330. However, another jump toward the newly created Mean Res 4520 level is also possible in this unconventional market.
EUR/USD Daily Chart Analysis For Week of August 11, 2023Technical Analysis and Outlook:
This week, the price action of the Eurodollar remained stagnant between the Mean Res 1.102 and Mean Sup 1.094. Thursday's reversal tips its hand to continue the pivotal down-move mode with the target, Outer Currency Dip 1.087. However, another jump toward the Mean Res 1.102 level is also possible in this rigged market.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of August 11,2023Technical Analysis and Outlook:
To its price action, Bitcoin experienced a "dead cat bounce," as projected by Trade Selector. Its current trajectory points to resuming the retest of the completed Outer Coin Dip 28900 and moving towards the next Outer Coin Dip 28200 and 26900, respectively. However, another jump toward the Mean Res 30050 level is also possible in this reactionary market.