4xForecaster

4xForecaster

Friends, Over this past trading week, we offered predictive analyses and forecasts for most major indices, and decided to dissect into the major organs of these benchmarks. In AMD, we called for a bearish market signal which lacked the bearish market reversal confirmation. And this remains true still as of this market closing day. We had initially offered...

4xForecaster

Friends, Several days ago, we introduced an advanced market geometry pattern called Wolfe Waves pattern. When approaching this chart with pattern-filtering mindset, we noticed that the Wolfe may have disguised itself in sheepish clothing. However, we decided to highlight its 1-4 Line, which offers the landing target for the original Wolfe. What ensue was a...

4xForecaster

Friends, Looking back over this past week, and in fact looking back since the inception of the chart on January 17th when we emitted our forecast, the chart has offered little surprise or injury to our predictive analysis and forecasting. The structurally most important targets in terms of overhead resistance are 1117.13 and 1190.44, both remaining in sight...

4xForecaster

Friends, The lisp with which we speak at this hour is really no big deal. Following our less-than elogious "Neutral-to-Bearish" opinion yesterday, the word got around at recess, so GOOG took us out back after school hours to give us a word or two. Indeed, two complimentary jabs (landed square on our 1149.70 target) and an upper-cut knocked us off our socks, way...

4xForecaster

Friends, Preemptively, our predictive analyses, forecasts and data is for educational purpose only. We use the fantastic array of technical tools ever assembled into one site through TeamViewer, and we go to town. In this heavy weight Nasdaq top-leader, we could not help but stop whatever beekeeping activity we were doing as we heard the sound of a branch...

4xForecaster

Predictive Analysis & Forecasting | #BTCUSD #Bitstamp Friends, I caved in. Bulls rammed my tree houses and bears climbed up to my doorstep expertly convincing me that one exchange was far better than the other one. I put down my honeybee outfit, sat at my Apple McIntosh 134-K colored screen and ceded to the overwhelming arguments that Bitstamp exchange is far,...

4xForecaster

Last week, we warned about the potential price decline down to the 1-4 line. Additional comments suggested that further downside was evident based on our predictive analysis and target definition, suggesting that the 1-4 Line would probably be used as a "back-stop" to that decline. As of this mid-week market close, price strictly followed that speculative...

4xForecaster

Friends, A bearish reversal confirmation posted on our ultramodern Apple McIntosh 128K flickering screen. So, we will simply state that the targets defined on January 25th as primary ("TG-1 = 0.022") and low *"TG-Low = 0.020") appear ever closer and feasible than before. We posted already a bearish commentary on this relative strength chart three days ago (find...

4xForecaster

According to a #huffingtonpost article, scientists had concluded that saying "Gaa-gaa-goo-goo" would make a child stare at you a few seconds longer as a mode of engaging into (meaningful, really?) communication. So, we tried that exercise with our GOOG chart, birthed yesterday in TradingView's technical birthing rooms. And what do you know, in a bout 5 candles...

4xForecaster

Speculative comments are strong right now regarding the directional future of the market, and while skilled professionals with years of documents PR skills continue to call it one direction or another, we will simply relay the directional analysis of our system without offering any fundamental or credentialed proof that we are either right or wrong. Our focus is...

4xForecaster

A quick Tech-Note here to offer a little insight on the strength of the current move. After a protracted consolidation, the bulls have had to hoist their ways out of the bear cave. While it appears that the have done this successful in price action, our filter is revealing otherwise. Watch for series of fake-outs to the upper side, as insitutional traders...

4xForecaster

Friends, I just posted a #BTCUSD chart that belonged to the BTC-e exchange, but that's because it's being traded on this and that and other exchange, and quite frankly, from our little tree house here, we simply look through the trees, stick our fingers in the air and simply state where the prevailing winds will blow. In other words, the exchange does not affect...

4xForecaster

Friends, We are peeking our heads into TradingView.com dream-come-true charting wonderland to provide a small update on the targets and share our continued bullish outlook. An intermediate target at TG-Int. = 834.32 offers the next level of potential consolidation, although a secondary target at TG-2 = 858.46 will remain in reached, and if hit, expect a...

4xForecaster

Friends, First, happy Tuesday! Now off to something really more bearish: #GOOG. The predictive analysis coming out of the chart is signaling an early bearish trend reversal. We have all heard that the dip is temporary and technical analysts in-the-know on Wall Street recently cited seeing a compilation of indicators all lining up to prove that the recent...

4xForecaster

Friends, A quick "Tech-Note" on #USOil to indicate that the recent rally illustrated in this chart may have had the stomping sounds of bulls, but our system indicates quite the contrary. In fact, ever since our "Dead-On Hit", a bearish reversal confirmation signal was produced, and we remain quite skeptic as to the ability for price to change that bearish...

4xForecaster

Last Friday, at market close, we indicated that #SPY had developed bearish tendencies, and went on discussing the potential development of a Wolfe Waves pattern, whose target line (the "1-4 Line" in the chart) was included as a potential level of support with temporary reversal. In fact, in a tongue-in-cheek way, we went on to trace a potential price pathway - See...

4xForecaster

Last January 1st, we proposed that price would decline to a predicted level corresponding to the lower-level of the channel, yet offering a warning if price would dwell or depart lower than 3.41. As of this first day of the trading week, price has successfully been help up at that channel projection level, byt closed the day at 3.41, close enough to our "warning...

4xForecaster

Friends, As we just hit yet another target dead-on and traders are processing this "What's next" moment of their insatiable mental processes, we'd like to pause and consider what just happened. HOW LOW SHOULD IT REACT? First, let us say that the chart has absorbed a lot of the bullish positions, and that some unwinding to the downside is occurring at the...