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InvestingScope

Bitcoin remains neutral on its 1W technical outlook (RSI = 47.334, MACD = 3198.500, ADX = 54.017) which, having kept the 1W MA50 intact as Support, suggest that this is the ideal level to buy again upon the continuation of the Bull Cycle. Despite the recent 2 month correction, the Cycle hasn't peaked and according to the Pre-Halving/ Post-Halving theory, that...

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Super Micro Computer Inc is neutral on its 1D technical outlook (RSI = 52.184, MACD = 0.800, ADX = 28.146), the ideal condition to go on a long term buy as the price has been holding the 1D MA50 for 2 straight weeks. The goal now is to cross again above the 1D MA200 but that was already done on February 18th and the pattern that has been established is a Channel...

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USDJPY is neutral on its 1D technical outlook (RSI = 46.506, MACD = -0.960, ADX = 25.882) as it is on the tightest range possible between the 4H MA50 and 4H MA200. This consolidation is taking place at the top of the 2 month Channel Down. As long as it holds, the trade is short, aiming for a -3.20% bearish wave (TP = 145.500). If the price crosses above the 4H...

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WTI Crude Oil is neutral on its 1D technical outlook (RSI = 48.748, MACD = -1.080, ADX = 23.603), which indicates the slow transition from a bearish trend to bullish. This started when the price hit the S1 level, a 1.5 year Support, and bottomed. The slow rebound that we're having since formed a Channel Up on a bullish 1D RSI, much like the one in September 2024,...

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Bitcoin remains marginally neutral on its 1D technical outlook (RSI = 45.889, MACD = -2304.900, ADX = 28.298) as it erased yesterday's Fed gains. Nevertheless, this doesn't make us lose sight of the bigger picture. On this 1M chart, we have selected all Decembers, as they hold critical importance for BTC Cycles. Both bottoms and tops tend to be priced around them...

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Ethereum remains bearish on its 1D technical outlook (RSI = 40.440, MACD = -154.200, ADX = 29.206) but sits at the bottom of its 1 year Megaphone. This is the same pattern that Bitcoin traded on last year and Gold during its most recent Bear Cycle. In all instances, when the price found support on the MA50 and broke over the Megaphone, it reached the 2.0...

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Eli Lilly is neutral on its 1D technical outlook (RSI = 48.409, MACD = -5.160, ADX = 28.927) and this is technically the most efficient level to buy for the long term towards the end of the year, as the price is sitting around its 1W MA50. The macro pattern is a Channel Up starting back in March 2019 and every time this broke under the 1W MA50 (but remained...

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EURGBP is neutral on its 1D technical outlook (RSI = 52.272, MACD = 0.002, ADX = 25.202), going from an almost overbought RSI to neutral as it got rejected on the R1 Zone. That is the top of the 6 month Rectangle pattern, where the last rejection pulled the price all the way down to the S1 Zone. This time the presence of both the LH and HL trendlines makes us...

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The U.S. Dollar Index is near the oversold zone on its 1D technical outlook (RSI = 37.232, MACD = -1.040, ADX = 33.922) having reached the bottom of the 9 month Channel Up. The 1D RSI was oversold last week but is seen rebounding. This is exactly the kind of formation we had on the previous bottom of the Channel Up as well as the December 28th 2023 low.. The...

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Pepe turned neutral on its 1D technical outlook (RSI = 46.389, MACD = 0.000, ADX = 26.088) as it has been on a small short term bounce but still limited under the 1D MA50. The latter is the level to break as it has been the Resistance of this bearish wave of the 2 year Channel Up with two rejections on Jan 17th and Jan 2nd. The recovery on the 1D RSI is a strong...

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Nasdaq is still bearish on its 1D technical outlook (RSI = 39.669, MACD = -426.120, ADX = 56.837) but crossed above its 4H MA50. The last time a bearish wave of this Channel Down crossed above the 4H MA50 was on August 9th 2024. It was achieved again after an oversold 1D RSI bounce and initially hit the 0.786 Fibonacci level and then peaked on the 1.382 Fib...

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Gold is overbought on its 1D technical outlook (RSI = 72.881, MACD = 47.430, ADX = 30.048) and is headed for the top (HH) of the 3 month Channel Up. The 1D RSI is on the very same LH formation as the top of the previous Channel Up on October 30th 2024. That resulted to a 1D MA100 pullback on the 0.5 Fibonacci retracement level. Consequently, we turn bearish here,...

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EURUSD is bullish on its 1D technical outlook (RSI = 66.538, MACD = -0.013, ADX = 29.911) but just crossed under the 4H MA50 for the first time since the March 3rd 2025 breakout when the parabolic rally started. The strongest sell signal is nonetheless given by the 4H RSI which, while the price is on a Channel Up, it has been on a Channel Down, i.e. a Bearish...

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S&P500 is bearish on its 1D technical outlook (RSI = 38.840, MACD = -92.170, ADX = 55.129) as it hasn't crossed above the 4H MA50 or the 1D MA50 yet. Still, it did price the bottom on the HL trendline of its 2year Channel Up. The 4H MACD formed however a new Bullish Cross on the LH trendline, same as the October 31st 2023 HL bottom. As the market did then (October...

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Bitcoin remains slightly bearish on its 1D technical outlook (RSI = 41.137, MACD = -3097.700, ADX = 33.471) as even though it appears its trading on a macro bottom, just over the 1W MA50 (1W RSI = 45.068), it hasn't broken out yet. The market undoubtedly took a psychological hit with February's drop but despite the voices calling for a new bear market, we are here...

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Netflix is neutral on its 1D technical outlook (RSI = 52.399, MACD = -10.400, ADX = 30.636) and is rebounding on the 1D MA100. This is another HL on the 20 month Channel Up, which should be enough to give the stock a push to a new HH. The Channel Up is on its 3rd main bullish wave and both prior saw a +121.52% price increase. We expect the 3rd one to be completed...

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Natural Gas is neutral on its 1D technical outlook (RSI = 49.489, MACD = 0.098, ADX = 23.222), which is the ideal buy opportunity inside its 8 month Channel Up, as long as the 1D MA100 holds. The last HH peaked at +97.12% before pulling back to the 1D MA100. The trade is long, TP = 5.800. See how our prior idea has worked out: ## If you like our free...

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Dow Jones is almost neutral on its 1D technical outlook (RSI = 43.171, MACD = -608.620, ADX = 62.568), rising aggressively since last week. Technically that was the bottom no just on the 8 month Channel Up but also on the LL trendline. We've seen the very same LL bottom on the October 2023 and March 2023 lows, all of which had oversold 1D RSIs. The 1D MA50-100...