02/04/22
THE FORECAST FOR WEEK 1 APRIL 2022 IS = BEAR
DAYS
PROBABILITY OF DAYS FOR WEEK 1 APRIL 2022 = BEAR
The chart is in along downtrend but with decent fluctuation in price. Monday produced a decent Bear candle with very small tails on the ends. Volume on this day was the lowest. Tuesday produced a falling Bull star which effectively stalled any further Bear movement for the week. It is an inside bar and so it is the rest of the week. With little movement, the Friday candle finished on a Bear. The volume tells us, that on the Bull days (Tue and Wed) there were a decent amount of buyers, but Fridays sales show the sellers are very active. The OBV is trending Bear although it is increasingly becoming more jagged.
WEEK
PROBABILITY FOR WEEK 1 APRIL 2022 = BEAR
This week produced a small Bear candle. The volume increased from last week but the candle remained small. This marks the fourth idle week. The OBV is trending down. The oscillation is increasing but remains Bear facing. There is is not much indicating the Bulls can influence this chart. Probability Bears
THE FORECAST FOR WEEK 1 APRIL 2022 IS = BEAR
DAYS
PROBABILITY OF DAYS FOR WEEK 1 APRIL 2022 = BEAR
The chart is in along downtrend but with decent fluctuation in price. Monday produced a decent Bear candle with very small tails on the ends. Volume on this day was the lowest. Tuesday produced a falling Bull star which effectively stalled any further Bear movement for the week. It is an inside bar and so it is the rest of the week. With little movement, the Friday candle finished on a Bear. The volume tells us, that on the Bull days (Tue and Wed) there were a decent amount of buyers, but Fridays sales show the sellers are very active. The OBV is trending Bear although it is increasingly becoming more jagged.
WEEK
PROBABILITY FOR WEEK 1 APRIL 2022 = BEAR
This week produced a small Bear candle. The volume increased from last week but the candle remained small. This marks the fourth idle week. The OBV is trending down. The oscillation is increasing but remains Bear facing. There is is not much indicating the Bulls can influence this chart. Probability Bears
Comment:
An accurate assessment the week was bear, nioce