quantguy

quantguy Updated 

Bitcoin soars above resistance just inches below new highs, hitting our profit target exactly! We have been calling out $66.3K as the next target for BTC for some time now. Currently we are hovering just below it, but momentum seems pretty strong still, as confirmed by the Kovach OBV which has risen notably. If BTC can muster the strength for another rally,...

quantguy Updated 

Ethereum has broken out to make new highs! We have pierced through $4616, and are about midway through the vacuum zone to our next level at $4858. We are seeing a series of red triangles on the KRI, suggesting that ETH is running into resistance and may retrace soon. If so, expect support at $4616, then $4450. The Kovach OBV is still relatively strong, but has...

quantguy

Oil has rebounded back to the $80 handle after briefly piercing into the 70's, finally finding support just above 77.56. We've since regained enough strength to solidify the 80's again, breaking our level at 82.13. We have several red triangles on the KRI suggesting we are encountering some resistance here. If this is the case, we may face resistance at 83.21,...

quantguy

Stocks have made new highs, yet again. We solidly pierced through the 4700 handle, reaching 4719, just 10 points shy of our profit target at 4729, before retracing slightly. We found support at 4693, confirmed by a green triangle on the KRI. At the time of this writing, we are hovering just above this level, maintaining 4700 exactly. The Kovach OBV is solidly...

quantguy Updated 

Gold has broken through 1795, and is currently in the value area between 1795 and 1815. We are seeing several red triangles on the KRI suggesting we are facing some resistance, so if we cannot solidify current levels, than expect a retracement back to the 1780's. we will have further support at 1789 then 1784. Recall that gold tested 1759 just two days ago, but...

quantguy Updated 

Stocks have broken out, making new highs yet again. We have reached our profit target at 4693. The next target is 4729. We should face some resistance at current levels, so anticipate stocks to range a bit in a sideways correction, if not retrace to lower levels at 4649 or 4632. There is a vacuum zone below those levels to 4580. The Kovach OBV is still very...

quantguy

Litecoin has weakened, retracing from highs at $209 to support at $200, after breaking past $202. We briefly tested $195, before regaining the $200 handle, barely. These are all levels we have identified in previous reports and have been eyeing for the past several months. The Kovach OBV has taken a nosedive, so if weakness persists, expect further support at...

quantguy

Ethereum has leveled off after testing highs at $4616. We attempted this level twice, and cracked through barely, if but briefly, before retracing to support at $4450. We are seeing several green triangles here on the KRI suggesting strong support at this level. The Kovach OBV has completely flattened, suggesting that we should range between these two levels...

quantguy

Bitcoin is ranging, but volatility appears to be consolidating at $62.4K. We are currently finding support at $61.6K. The Kovach OBV is completely flat, suggesting we should not expect any immediate drastic moves, however the volatility has consolidated quite a bit which suggests that we will breakout soon. Our next target is $64.3K from above. If weakness...

quantguy

The US dollar has rallied higher into the 94 handle, and has just broken through 94.45. We appear to have broken through without much resistance. There is a vacuum zone above to 94.77, the next target. If we are unable to press further, or sustain current levels, then 94.18 is the next level of support from below. After that, our technical levels lie in hte 93...

quantguy

ZN is testing highs at 131'12. We have tested this level twice but are facing some resistance as confirmed by two red triangles on the KRI. The next level above is 131'20, and this will be the next target if we can break 131'12. The Kovach OBV is progressively getting stronger, but has currently leveled off. Bonds will likely range a bit until we see more...

quantguy

Bonds have dipped but have found support at the levels we identified yesterday. ZN retraced from relative highs at 131'02 to 130'19. It has since rebounded and is currently testing 130'26. The Kovach OBV was quite strong, but has dipped with the retracement. We appear to be forming value between 130'19 and 131'02. If this is the case, then expect further...

quantguy

Gold has retraced past all of the support levels discussed yesterday, finally pivoting off 1759. We have since gotten support from this level and are testing 1777, an auspicious level, from below. We do appear to be forming a bull wedge underneath this level so anticipate a breakout. If this is the case, then the next targets will be in the 1780's, 1784 and...

quantguy

Stocks got a big push from the FOMC minutes yesterday. We have smashed through our profit target at 4649, to make new highs yet again. We appear to be pausing around 4664, and forming a very narrow range here. We feel that stocks are overdue for a technical retracement, so be wary of FOMO-ing into a long position at highs. The levels 4649 and 4632 should...

quantguy

Oil dipped, breaking a key support level at 80.70. We saw further support (confirmed by a green triangle on the KRI) from 80.00, however, and have rebounded back to the 81 handle. We appear to be making a run for the next level at 82.13. The Kovach OBV has dipped sharply, but has since picked up to reflect the support. If we can break past 82.13, we will...

quantguy

The US dollar has dipped but found support at 93.82. Support was confirmed by green triangles on the KRI. We are currently back to support at 94.18, but appear to be encountering resistance around this level. This appears to be the upper bound of the current value area, so anticipate a retracement, if the ranging is to continue. The next target is 94.45, if we...

quantguy

Bitcoin saw some volatility from the Federal Reserve FOMC minutes yesterday. We saw a large wick which dipped to support at $60K, but the $60K's are currently holding strong. Bitcoin has since rebounded to value around $61K. We are currently testing our level at $61.6K, and are finding support as confirmed by a green triangle on the KRI. Beware of the vacuum...

quantguy

Ethereum has tested $4616 twice, forming a double top here. We anticipated ranging after acheiveing this target, and that appears to be exactly what we are getting. After new highs, ETH appears to be in a slight sideways correction. We have strong support at $4450, confirmed by a green triangle on the KRI, but beware of the vacuum zone below to $4528. The...