4xQ'ers, So, let's recapitulate so far: We initially called for a lofty target to the four-digit uptown neighborhood with a cautionary word on a possible unwinding defined in the chart as the "Expected Reversal Zone". Price did just that, where market confined the bodies of the candles within the defined limits. Now what? At this point, there is one...
Predictive Analysis: Bullish | #NGAS #Naturalgas 4xQ'ers, Seasonal fundamentals are lifting price to new structural heights, nearing our primary target, TG-1 = 4.877. An older target at 5.245 set on November 13th, 2013 remains in force and ever so closer. OVERALL: Bullish; Caution at 4.877 where consolidation is favored over reversal. TG-High = 5.245 imposes...
Predictive Analysis / Forecast | #Brent #UKOil #Oil 4xQ'ers, From a predictive analysis standpoint, this Brent chart remains at a NEUTRAL stance with a bearish leaning. An early bearish reversal signal is pending. While outlook leans to the downside, we are identifying a potential cap at 111.01 (see chart). If this level cedes to a rally, it would open to...
Chart: Predictive Analysis | #DAX #GER30 4xQ'ers, Potential resistance lurks near the 10037 level, corresponding to a proprietary pattern projecting a probable reversal level at that level. Use caution and do your due diligence. Cheers, David Alcindor | 4xQuad.com Predictive Analysis and Forecasting
#AMD - Chart / Predictive Analysis ... Conditionally Bullish: Friends, Currently trading at 4.17, bullish conditions are developing in #AMD. Solid support built at 4.05; significant resistance at 4.82. Pattern traders might recognize the nascent Shark with potential to link into 5-0 pattern if and when 4.82 target is hit. OVERALL: A bullish market...
#BTCUSD: Target Hit Dead-On ... | #BTC #USD #Bitcoin Price hit our 960.42 target six 4-hour candles ago (i.e.: 24-hours ago), then price continued to consolidate around that target level. Outlook remains unchanged. OVERALL - If price breaks above 975.00, consider 989.27 as next overhead resistance. Potential reversal line remains in force for any trend...
TECH-NOTE: Indeed, so far the "Expected Reversal Zone" did the "Expected" part of its name. An intermediate TG-int = 960.4 reflects a level of probable resistance (i.e.: expect some significant consolidation occurring at that level). As mentioned before, the decline that has occurred has more to do with Stop-Loss hunting than a directional reversal. Based on our...
#LTCBTC - Chart Update: Top-Heavy Negative Divergence Looms ... #BTCUSD Favored - Although this relative strength expression of #LTC vs. #BTC has remains tightly wound to a rising momental line, multiple negative divergences have formed at this point, threatening to pressure the dueling pair downward, in favor of #BTCUSD. Looking at the recent #bitcoin charts I...
BTCUSD -(bitstamp): Watch for nearing of support trendline along with positive divergence. - 4xQuad.com.
$BTCUSD Chart: Predictive Analysis | #BTCUSD #BTC #USD #bitcoin Friends, Most of the technical components we use at 4xQuad to establish our predictive analyses are included in the chart. In essence, the market for BTCUSD remains bullish, and this is based on a BULLISH reversal confirmation we were able to define in a recent analysis. This is not to say that...
BTCUSD - Chart Update | #BTCUSD #BTC #USD #Bitcoin #Litecoin Friends, A little chart update as longs are getting the jitter, and market makers are accumulating in the background. Our prop pattern ("Great White") is now underway, with 884.75 as a low tolerable target before dialing our directional bias to neutral. To be clear, at this point, BTCUSD remains a...
BTCUSD - Chart Update | #BTCUSD #Bitcoin #Litecoin #BTC #USD Anticipated support at 915 held its ground. Bullish bias remains intact on condition of 915 continued support. David Alcindor | 4xQuad.com
BTCUSD - 15-Minute Chart | #BTCUSD #bitcoin #BTC #USD Friends, In this much shorter timeframe, I have highlighted levels at which price is likely to define significant resistance. This is a conditional set of targets that depend on price first passing through the 957 threshold, and finally pierce through and close above 971 level. Cheers, David Alcindor |...
BTCUSD - Chart Update: #BTCUSD #BTC #USD #Bitcoin Friends, We built this chart on December 15th and provided candle-by-candle targets until recent unwinding in price. Now, for those familiar with positive divergence, they must have recognized the relevance of the 758 hinge line, and may have started to salivate about 36 hours ago at the formation of a...
$LTCBTC - Chart Update | #bitcoin #litecoin #LTC #BTC Since producing this chart on January 03rd, 2014, this chart remains predominantly bearish, despite the tendency for price to keep pace with its momental line (see blue arrows underlying the predominant support line). Internal weaknesses in this LTCBTC relative strength chart have predominated the picture...
BTCUSD - Chart Update | #bitcoin #litcoin #Forex #USD #Gold Bullish strength remains intact despite some unwinding. A major technical event is unfolding at the moment, pitting RSI against price, whereby a POSITIVE (not Bullish) Divergence is underway. Albeit rarer, Positive Divergences offer the single most discreet technical signal of impending move. While...
$NAS100 - Chart Update | #NAS100 #NASDAQ On December 28th, 2013, we defined these dominant channel interplays. Overhead resistance at that interplay remains in effect, despite a primary target, TG-1 = 4023. Consider upper tier median (blue arrow) as probable interim support. Cheers, David Alcindor | 4xQuad.com
$USO - Chart Update | #USO #USOil Last October 28th, we defined two distinct targets, namely: TG-1 = 32.96 and TG-2 = 31.60. TG-1 = 32.96 was hit dead-on, while new structure lows have been carved out over the past 12 hours. TG-2 remains in sight, in force. Cheers, David Alcindor | 4xQuad.com