Litecoin made a run for $209, reaching our profit target at this level and closing our trade. We are currently seeing a double top at this level and are forming value just underneath, finding support just under our level at $202. The $200's seem to be holding strong for LTC, but if not, $195 should provide good support, then $191. After that, there is a vacuum...
Stocks are hugging the upper bound of the range discussed yesterday. This coincides with all time highs at 4633. The level we have identified nearby is 4629. The Kovach OBV is still very strong, but appears to have tapered. If momentum persists, we can anticipate another breakout soon, and 4649 is our next target, set by Fibonacci Extension levels. There is a...
After breaking out from the range Bitcoin held over the past week or so in the low $60K's, it has since found resistance at the next level at $64.3K. We appear to be establishing value in the very narrow range between $62.4K and $64.3K. There is a green triangle on the KRI just above the lower bound of this range, suggesting strong support here. But if this...
Litecoin hit our profit target at $209, then pulled back slightly after facing resistance, as noted by two red triangles on the KRI. The Kovach OBV has grown steadily stronger, but we anticipate some ranging currently after breaking out of the previous value area. Anticipate support at $202, then $195, and finally $191 if the retracement continues. We should...
Ethereum has made new all time highs and hit our profit target at $4616 perfectly! We alerted you to this level yesterday. Currently, we are facing some resistance at our target, as identified by a red triangle on the KRI. We are hovering just below $4600 in the high $4500's at the time of this writing. Watch for ETH to establish value before another burst of...
The US dollar has retraced from relative highs. We anticipated resistance 94.18 yesterday, and that is exactly what we have found. We appear to be establishing value between 93.82 and 94.18. Currently, we are clinging onto the 94 handle, barely hovering above 94.00 at the time of this writing. If we see another burst of momentum, we will need to clear 94.18,...
Oil has retraced from just below highs at 85.55 to seek support at 82.13. This is exactly what we anticipated would happen. We are just past the 50% retracement between highs and the lower bound of the range at 80.70. Several green triangles on the KRI suggest that support will continue, and we will level off. If not, expect further support at 81.30, then...
Gold has given up the value area between 1795 and 1815. We have fallen back from 1795 to find support in the 1770's as we anticipated yesterday. 1789 and 1784 attempted to provided some support, but we have settled at 1777. Watch for gold to make another run for relative highs at 1795. However, the Kovach OBV has dipped notably, so be careful of lower levels. ...
Bonds have encroached on the upper bound of the range, hitting our target at 131'02. We have inched above that at present and are running into some resistance as identified by two triangles on the KRI. The Kovach OBV has picked up notably. If the bull bias continues watch for ZN to cross the vacuum zone to 131'12. If we pull back a bit, then watch for it to...
Ethereum has tested highs, and inched out a new all time high. Currently it is facing some resistance at $4450. The Kovach OBV is quite strong, so the bull momentum is likely to persist. If so, then $4616 is the next target. However, $4450 is providing some pretty strong resistance, so we may retrace back to support at $4258. If so, expect a consolidation...
Litecoin has edged upward, finally solidly breaking $195. It is currently testing $202, but appears to be facing some resistance. The Kovach OBV is drifting upwards, suggesting a bull bias. If we aren't able to crack $202, expect $195 and and $191 to provide support in the past, as they have recently. There is a vacuum zone after that to $184. If we are able...
Bitcoin has broken out from the range between $59.4K and $62.4K. We alerted you as to the upside bias in cryptos yesterday. Currently, we are feeling out the middle of the range between $62.4K and $64.3K. We are seeing a red triangle on the KRI suggesting there is some resistance forming. The Kovach OBV has picked up notably, so watch for $64.3K as the next...
As anticipated, stocks are ranging at highs. We are currently just below our next target of 4632. If we are able to breakout, then the next target after that is 4649. If ranging continues, then expect the action to be confined between 4580 and 4632. The Kovach OBV is still quite strong, but has tapered recently with the pause in stocks. We could be due for a...
Litecoin is ranging in the $190's, facing resistance at $195. We have strong support just above our level at $184, as confirmed by several green triangles on the KRI. The Kovach OBV is still flat, but is starting to taper up, suggesting a very slight bull bias. If we are able to breakout, the next target is $202. If not, expect further support around $184, but...
Ethereum has edged lower from highs, but appears to be finding support at $4258. We broke through that over the weekend, but several green triangles on the KRI suggested strong support. The Kovach OBV has barely registered the dip, but has started to taper up again, suggesting a bull bias. If support holds, we should be able to make another run for highs at...
Bitcoin has quieted down, after some volatility after establishing new highs. It has stabilized in the range between $59.4K and $62.4K. We are currently testing the high of this range, with some red triangles on the KRI reflecting resistance. The Kovach OBV is still pretty flat, but has gradually trekked upwards, suggesting a slight bull bias. If this...
Stocks make new highs, despite persistent issues in the supply chain, transportation industry and protests over the vaccine mandates. The S&P 500 has broken out of the 4500's and seems to have secured the 4600's for now. We came within 5 points of our target at 4632, with the current high at 4627. We are seeing a red triangle on the KRI at this level suggesting...
Litecoin tested lower levels at $174, but found support just above that level as confirmed by green triangles on the KRI. We are currently testing the mid $190's, and are facing strong resistance from $195. We could be trying to establish value here in the somewhat wide range between $174 and $209. If we break down from here, expect support at $184 then $174. ...