quantguy

quantguy

Litecoin has continued to edge up, solidly breaking through the $120's into the low $130's. We have hit our profit target of $130, and have retraced a bit to test $124 again, but have found support just above this level, confirmed by several green triangles on the KRI. We are finding resistance just above $130, but if we can break through, then $134 is the next...

quantguy

Ethereum has held its ground in the mid $3K's. We are currently leveling off in the narrow band between $3324 and $3473. We could be in the beginnings of a sideways corrective pattern. The Kovach OBV is still strong, suggesting that we could see another breakout and hit our target of $3563, that we predicted yesterday. However, we are starting to look...

quantguy

Bitcoin has held its ground around relative highs, maintaining a narrow band between $48.2K and $46.2K. The Kovach OBV is looking pretty strong, but has started to curve over, indicating that we will need another burst of momentum before considering higher levels. We do appear to be ready for a technical retracement, that could take us back to support at $45K. ...

quantguy

The DXY has slumped as the Euro has gained due to the fact that there are talks of Ukraine being offered 'neutrality'. This has impacted the DXY and invalidated our bull wedge pattern. We have tested lows at 97.89, and 97.73 where we have found support. These levels should hold and may be a great idea for a long trade, as one could consider a narrow stop below...

quantguy

Our reports yesterday were spot on. We called out the breakout from 4580 perfectly, and we hit our profit target of 4632. We are currently seeing some resistance here, as confirmed by a red triangle on the KRI. News that Ukraine may be offered neutrality may drive the markets higher. We feel this rally may still have legs, and should be able to clear some of...

quantguy

Litecoin has hit $130, following the rally in crypto. It has blasted through $120, then $124. The Kovach OBV is strong, but is starting to show weakness as we are encountering resistance at $130. We are seeing a red triangle form on the KRI. If we retrace, watch for support at $124 or $120, otherwise $134 is our next target.

quantguy

Ethereum has blasted through the $3K handle and solidified higher prices. We have solidly broken through $3200, which was a significant upper bound. We are currently testing $3473, with several red triangles on the KRI confirming resistance here. The Kovach OBV has picked up markedly, confirming the bull trend. If we see a pullback, watch $3324 or $3200 for...

quantguy

Bitcoin appears to be back to bull mode. We broke through significant highs first at $45K then at our next target of $47.4K. The Kovach OBV is very strong, indicative of a proper crytpo rally. It is not a coincidence that stocks are rallying as well, with crypto obeying the correlation. Currently, we are testing the $48K's, finding resistance at our level at...

quantguy

The US dollar has strengthened and continues to form a bull wedge pattern. We are seeing resistance from 99.40 as anticipated. The DXY appears to be rejecting this level for the moment, but is finding support at 98.82. If we are able to break out the next target is 99.82. If we retrace further we should have storng support at 99.24, with a floor price of 97.73...

quantguy

Stocks appear to be back in raging bull mode as the market appears to have fully digested the Federal Reserve rate hike plans, and Ukrainian ceasefire talks may also be contributing to a cheerier outlook. We have hit 4580, which was our previous target, and a relative high that had given the S&P 500 issues in the past. We are on the cusp of a vacuum zone to...

quantguy

Litecoin has pushed further, breaking our next profit target of $124. We are currently just above this level at $125 or so at the time of this writing. We appear to be considering the vacuum zone between $124 and the next major target of $130. The Kovach OBV is quite strong, lending credence to this rally, but it does appear to be looking oversold, suggesting a...

quantguy

Ethereum has broken past $3042 which was a prohibitive barrier into higher levels in the $3K range. We are facing steep resistance from multiple red triangles on the KRI, but seem to be inching further, currently testing our next level and target from yesterday at $3148. We are encroaching on a significant psychological and technical level at $3200. This must...

quantguy

Bitcoin has broken out past its former barrier of $43.1K as it makes its way further up the $45K handle. We are seeing resistance at every step of the way with this rally, with red triangles on the KRI at every technical level we have drawn. The momentum does seem to be weakening, with the Kovach OBV inching up slightly throughout this whole move. We are still...

quantguy

The US dollar has seen choppy trading this week. We made a run for highs, but found steep resistance at 98.82. We are seeing progressively lower highs, with a consistent lower bound at 98.73 suggesting that we might be forming a bear wedge pattern on a larger scale. If so, we would anticipate the price to test 97.89 or 97.73 again soon. If we are wrong and the...

quantguy

Oil has hit our profit target of $116 to the tick, then retraced past our newly identified support level of $113. Currently, it is meandering in the wide vacuum zone between this upper bound and $106. We should see support from $106, but if not, there is no reason to believe that oil will give up the $100's any time soon. The level $116 seems to be providing...

quantguy

Stocks have recovered from a retracement after testing 4521. The price action started to 'round off' and we suspected a technical retracement may be in store earlier this week. Our prediction came true and we found support at 4440 also as anticipated. Currently, we are testing relative highs again at 4521, but are encountering steep resistance from red...

quantguy

Gold has encroached upon upper levels from its range between 1895 and 1956. We are currently facing resistance from a cluster of levels in the 1950's and 1960's. This dense patch of levels will continue until the 1970's or so. The Kovach OBV has picked up, and if we can break through all these levels we should be clear to test the 1980's, with 1982 in...

quantguy

Bonds have stabilized for now after a brief relief rally. We tested higher levels at 123'15 or so, after falling 7 handles from the 129's to the 122's in less than one month. The rally was short lived, and just a technical respite into the overall bear trend, exactly as we had predicted here. The price promptly rejected this level, as anticipated, and headed...