4xForecaster

4xForecaster

Friends, I built this chart yesterday as of the first early bearish reversal signal received, however, a bearish market reversal confirmation remains pending at this time. Two potential bearish targets remain unconfirmed at this time as well (not shown as of yet in this chart), until the confirmation signal occurs. For the time being, we are expecting a relief...

4xForecaster

Friends, A relief rally occurred ever since our primary bearish target ("TG-1 = 449.89 - 10 FEB") was hit. Following are two of the charts' analyses for your review: 1 - BTCUSD (Bitstamp) on February 18th - Added confirmation of target TG-1 = 449.89 defined on Feb. 10th: - 2 - BTCUSD (Bitstamp) on February 23rd - Addition of second bearish target-low, TG-Lo...

4xForecaster

Friends, We are turning to the $EURNZD as our system is nearing a bullish market reversal signal - conditional word here is "nearing". A slight decrease in RBNZ's first quarter inflation expectation (2.33% vs. 2.34%), backed by its finance minister expected passive action to see the $NZD weaken against a tapered-based revaluation of the $USD are a few...

4xForecaster

Friends, Back on January 24th, we forecast a potential bearish target with a "far-fetched" qualifier, although we also provided two other prior examples where that proprietary geometric pattern unfolded - See this chart, as well as examples in the USDollar index and AUDUSD here: CHANGE IN DIRECTION: At this point though, we have to change our directional...

4xForecaster

Friends, On February 01st, we released a target, namely: "TG-Low = 2.999 - 01 FEB 2014", setting our sight on a low target area following a probable reversal at 3.288. This scenario played out quite well, and as of today, our proprietary forecasting strategy is signaling a bearish reversal confirmation of that early predictive analysis. OVERALL: Bearish...

4xForecaster

Friends, As you may recall, last February 10th, we called for a probable reversal and decline of this Bitstamp bitcoin (see analysis here: as well as a BTC-e analysis here: ). At this hour, our second target got hit (first was the bullish target about 5 candles since the release the first two targets back on February 10th). At this point, we continue to set...

4xForecaster

Friends, A (really) quick update: 1 - 530.00 support held - No surprise here if you are a structural trader. 2 - Price continued to fall 3 - price remains under bearish pressure 4 - Soft (pink) and hard (black) overhead resistance levels defined 5 - New BEARISH target (colored in red, so less probable, as opposed to green = high probable and yellow =...

4xForecaster

Friends, In continuation to the analysis started on February 15th (see it here: ), we are now receiving a bullish market reversal confirmation signal in the direction of the targets, which we had defined last week, namely: 1 - TG-1 = 1.38632 - 15 FEB 2014 and 2 - TG-High - 1.38997 - 15 FEB 2014 While a directional market reversal confirmation signal is what...

4xForecaster

Friends, Here is a pattern worth considering, named "Kiss Of Death", or KoD for short, as defined in the chart. Typically, the pattern is defined by a larger parabola exceeding the apex of a preceding, smaller parabola, reaching a value in the vicinity of a double-top relative to each parabola, but triple top when consider the two parabolas together. As with...

4xForecaster

Friends, Yesterday, we warned of a probable rally into three potential targets, graded by probability. Today, WSJ mentions: "Who isn't sick of winter? Natural-gas traders: on.wsj.com We believe that some unwinding has come due ever since we hit all targets - Here is a playable review of the trade using TradingView's replay feature: Within a few hours, all...

4xForecaster

NGAS - Nearing Significant Technical Level at 5.789 - bullish market reversal occurred; pending confirmation signal - Overhead targets: -- TG-1 = 1.5789 -- TG-2 = 5.883 -- TG-Hi = 6.215 OVERALL: Neutral directional bias until market reversal confirmation signal occurs Cheers, David Alcindor TradingView.com Moderator

4xForecaster

For the record/unpublished - no analysis; bearish market reversal confirmation pending. Re: Herbalife or Death? | $NYSE (no tech-note comment) D.

4xForecaster

Friends, There are two possible directional scenarios brewing at this point, one that sees a probable ceiling near 1.68923 (see H4 and Daily timeframes), and one that sees price decline to the lower border of a long-term wedge (See weekly chart in the bottom right corner). BULLISH SCENARIO: A quick multiframe review of the Cable indicates a probable top coming...

4xForecaster

Traders, Here is a quick addition to the earlier analysis (see predictive analysis and technical comments her: ) we would like to offer for our visual traders. We won't go over our use of the interactive channels, except to say that each channel boundary offers a support/resistance. Each of the lines have the ability to validate or invalidate the subsequent...

4xForecaster

Friends, A quick update on this Bitstamp exchange-based BTCUSD. Essentially no change in directional bias, forecast or target: The initial conditions that supported our directional bias and forecast on February 10th remain unchanged, regardless of any manipulative hands, interruptive hacking or other fundamental events that may have occurred in the interim....

4xForecaster

Friends, Some surprising fundamentals helped lift the EURO above its 1.3700 ceiling with the help of disappointing fundamental US data. From a technical standpoint, a bullish market reversal signal posted on our proprietary strategy and predictive analysis, bringing our eyes to loftier targets: A primary target as TG-1 = 1.38632 and a target-high, TG-High =...

4xForecaster

Friends, Last January 30th, we defined a bullish primary target, TG-1 = 66.54, which just got hit at the close of last week's market. At this point, we are expecting some unwinding, considering the significance of the impulse leg that led to target completion. A probable target was already defined back on that same date (January 30th, 2014), as TG-Int. = 49.95...

4xForecaster

Friends, As I was building a few charts with predictive analyses and forecasts for AAPL, GOOG and MSFT (The top 3 leaders in this $XLK holding (Source: finance.yahoo.com), I thought I should just as well chart it. The overall outlook is bullish, however, we have concerns for the short-term outlook based on the analyses of these top-3 constituents. For...