Category: Weekly Analysis

BTC Daily we find ourselves range trading here, as we did before continuing the downward momentum for almost 30%… ETH Very similar range trading to BTC. Same reaction as BTC last time it broke range, continued the overall...

SPX Seems to possibly be forming a H&S on the 1hr here. Not sure yet if this last candle negated it or not, will see tomorrow…. XLK Daily….just consolidating after a false breakdown reversal, no play for me here...

SPX Coming off an extended daily move down, we retested trendline here last week (blue), rejected, and have just retested another potential trendline (gold) on Friday. Second trendline lines up approximately with 5/9EMA....

FXI I went short, I went short too early, it closed above my channel. I have a stop at -30%, if this stop hits, I’m out. Broke my own rules, I suffer the -30% consequences. SPX SPX rejected the trendline here, it also...

BTC BTC daily continuing chop, looks on it way to test demand level again at 19,518 . Wouldn’t be surprised to see a reaction off the demand level again before possibly continuing its overall downtrend ETH ETH Daily right...

IBB Daily bouncing off of demand area, retesting top of channel; interesting to see where it goes from here…possible short term double bottom? Weekly looking very quasimoto-ish H&S but seems to be reacting off this...

XLE Daily, Log scale, recently hit channel top, potentially forming H&S? Currently inside of demand area, no significant bounce. Weekly showing breakout, orange trendline maybe a place for it to bounce? Maybe a reversal back...