quantguy

quantguy

Bonds have taken another turn south, after flirting briefly with 119'23. With the Fed maintaining their hawkish stance, there is little to support a breakout, or a significant technical retracement. We have broken through lows at 119'01, and are currently hovering over our next target at 188'04. The Kovach OBV has been abysmally bearish for some time now, but...

quantguy

Litecoin has found steep resistance at $114. We have multiple red triangles on the KRI to confirm this. The price action is already rounding off suggesting we may retrace or range underneath $114. If so, then $111 or $109 should provide support with $105 a likely floor. If we are able to break through $114 then $120 is a likely target.

quantguy

Ethereum is maintaining the low $3K's, but currently appears to be bounded by $3148. We are maintaining a narrow range between this level and $3042. We should see strong resistance from $3200, but if not, then there is a vacuum zone above it to $3324. We anticipate $2965 to hold as a floor price.

quantguy

Bitcoin has held its ground just below $42K. We are testing two strong levels of resistance at $41.7K and $41.9K. Resistance is confirmed by several red triangles on the KRI. We do however appear to be seeing a bull wedge type consolidation forming under this level. However, the Kovach OBV has completely leveled off for now, which does not give us much...

quantguy

The DXY has sold off as we predicted yesterday. We surmised that we would be seeing strong resistance from higher levels in the 100's, 100.98 in particular. This is not only a technical level but very close to 101, a psychological level. Indeed, momentum petered out for the DXY, and we crashed through several levels, finally stabilizing at 99.82. We are seeing...

quantguy

Stocks are edging up, currently testing 4487. We are seeing a red triangle on the KRI indicating some resistance here. If we are able to break through, then 4521 will be the next level where we anticipate resistance as it is a relative high. We anticipate 4580 as a ceiling for now, as this is yet another relative high. The rally looks weak and the Kovach OBV...

quantguy

Litecoin has rallied breaking through $111. As discussed in these reports, it has hit $114, our profit target. However, we are meeting strong resistance here and are likely to retrace or range a bit. The level $114 should hold, but if we are able to break through, then there is a vacuum zone to $120. This would be a significant leap for LTC. If not, then we...

quantguy

Ethereum rallied with the crypto market and stocks, currently testing $3148. As we predicted here yesterday, we are seeing resistance around $3200. We have two strong levels here, which should provide prohibitive resistance. If not, the next target is $3324. If we do reject current levels, we should see support at $3042. We expect $3K to hold, but if not, we...

quantguy

Bitcoin rallied in perfect correlation with stocks. As predicted, we are seeing resistance around $42K. If we are able to break through there is a vacuum zone above to $43.1K. The Kovach OBV has picked up, but has leveled off indicating that momentum has petered out for now. We should see support at the low $40K's if we retrace. As an absolute floor we expect...

quantguy

Stocks have seen the nice relief rally we have been calling out for in these reports. We are still not convinced the bear rout is over yet, but have broken through several levels on the upside and are currently testing a fairly significant level at 4487. We will have further resistance in the low 4500's if we are able to break through. If not, we could test...

quantguy

As predicted here, gold rejected $2000 hard. We collapsed through all of our support levels between $1956 and $1982. We plummeted throught the vacuum zone to find support at $1936, which is the next level after that dense patch of levels. We are likely to stabilize here, as we are currently seeing. At the time of this writing, we are hovering in the $1950's,...

quantguy

Litecoin got a lift from the low $100's to $111. At the time of this writing, it is currently testing this level. The Kovach OBV is still relatively flat, and we will have steep resistance from the next level at $114. If we are able to break above $114, then there is a wide gulf of a vacuum zone to $120. At this point though, we are likely to range or retrace....

quantguy

Ethereum got a lift back to the $3K's with rest of the crypto market. We appear to be hanging on a by a thread, currently wavering about $3042. The Kovach OBV has barely ticked up with this rally, hence we are highly skeptical until more momentum comes through. If so, we should face resistance at $3200, which is our next target. A retracement could bring us...

quantguy

Bitcoin caught a nice pivot from just below our level at $39.2K. This small rally was still significant as it was able to take us back to the $40K's, where we are currently testing $41K. We will have steep resistance from $41.6K and $41.9K which are the next barriers. The rally looks pretty weak, and the Kovach OBV has barely budged. Thus we are likely to...

quantguy

The S&P 500 has continued its slow and agonizing decline. We have found support at 4365, but failed to see any sort of pivot that would indicate a reversal. The Kovach OBV is gradually trending downwards. We do appear to have support at current levels, but if we break down further, we should expect support at 4327. Stocks are due for some ranging or a rally,...

quantguy

Gold broke out and hit our target, only to retrace to support in the 1980's. The Kovach OBV is strong, but has curved over with the retracement. It is reasonable for gold to retrace after hitting such an important target. We are knocking at the door of the 2000 handle which is significant for gold, and it will take significant momentum for it to break through...

quantguy

Litecoin has broken down lower as we predicted in these reports. Bulls got hopeful when we were testing $114, however LTC promptly dumped back to support at $105. We appear to be hanging on by a thread at this level but we do have a green triangle on the KRI to confirm support. If this does not hold, then $101 is our next target. If we somehow catch momentum,...

quantguy

Ethereum has broken down from $2965 where it was finding support. we are currently hovering just above our next level of support at $2852. If this does not hold then the next target is $2762. If we are able to catch some momentum then $2965 will provide resistance. We are sure to meet further resistance around $3K.