27/03/22
THE FORECAST FOR WEEK 4 MARCH 2022 IS = DIVIDED ASSESSMENT
DAYS
PROBABILITY OF DAYS FOR WEEK 4 MARCH = BEAR
Monday produced a doji and continued its rally from last week. Tuesday was the largest candle, mostly body some tail on the bottom, and almost none on the top. Wednesday - Friday the candles all Bull but gradually decreased in body size and tails beginning to increase. By Friday we were back on a doji. The volume would be considered average given recent volumes. It increased through to Wednesday and began to slightly turn down by Friday. The OBV is trending Bull. Ther is a resistant point coming up at the $75 mark. This current rally has a steep angle, the candle sizing is waning. A correction seems probable this week.
WEEK
PROBABILITY OF DAYS FOR WEEK 4 MARCH = BULL
This week was a solid Bull candle, mostly body small tails on either side. Indicate little resistance to Bears and next to none for Bull. There is an oversold factor that will begin to play its rolls soon, it will be displayed with tails to the top. As this week approaches the resistance line, it also approaches a support line. This week looks Bull but the resistance can not be ignored. Based on the path of least resistance this week looks like Bull.
THE FORECAST FOR WEEK 4 MARCH 2022 IS = DIVIDED ASSESSMENT
DAYS
PROBABILITY OF DAYS FOR WEEK 4 MARCH = BEAR
Monday produced a doji and continued its rally from last week. Tuesday was the largest candle, mostly body some tail on the bottom, and almost none on the top. Wednesday - Friday the candles all Bull but gradually decreased in body size and tails beginning to increase. By Friday we were back on a doji. The volume would be considered average given recent volumes. It increased through to Wednesday and began to slightly turn down by Friday. The OBV is trending Bull. Ther is a resistant point coming up at the $75 mark. This current rally has a steep angle, the candle sizing is waning. A correction seems probable this week.
WEEK
PROBABILITY OF DAYS FOR WEEK 4 MARCH = BULL
This week was a solid Bull candle, mostly body small tails on either side. Indicate little resistance to Bears and next to none for Bull. There is an oversold factor that will begin to play its rolls soon, it will be displayed with tails to the top. As this week approaches the resistance line, it also approaches a support line. This week looks Bull but the resistance can not be ignored. Based on the path of least resistance this week looks like Bull.
Comment:
This forecast was quite accurate, the week signal turned out to be a Doji, it demonstrates the divided assessment was accurate.