20/03/2022
FORECAST FOR WEEK 3 MARCH 2022 = BEAR = ACCURATE
COMBINED FORECAST FOR MARCH 2022 = NUETRAL NO CALL
DAYS
WEEK 3 OF MARCH FORECAST WAS = NEUTRAL ASSESSMENT
PROBABILITY FOR WEEK 4 MARCH = BULL
Week 3 produced a Bear overall. Monday and Tuesday produce strong bear candles. Wednesday produce a doji/upside down hammer, it also had respectable volume. This indicates lower price a going to be forcibly resisted. Supporting this, Thursday produce a solid bull candle of same size to Tuesday candle. This series of 3 days candles are likely to be setting the Bull direction for next week. Friday finished softer and smaller, it was the lowest volume for the week2. The OBV shows and upward direction but the peaks of mountains are forming, is this an early sign to the downward side? Probability for this week has a high Bull attitude
WEEK
WEEK 3 OF MARCH FORECAST WAS = BEAR = ACCURATE
PROBABILITY FOR WEEK 3 MARCH = NO CALL
Week 3 produce the mirrored version candle to last week. We now have a strong rejection for higher prices and a strong rejection toward lower prices. The volume reduced around 40% to last week, but remains exceptionally high. This chart shows the volatility will remain.
FORECAST FOR WEEK 3 MARCH 2022 = BEAR = ACCURATE
COMBINED FORECAST FOR MARCH 2022 = NUETRAL NO CALL
DAYS
WEEK 3 OF MARCH FORECAST WAS = NEUTRAL ASSESSMENT
PROBABILITY FOR WEEK 4 MARCH = BULL
Week 3 produced a Bear overall. Monday and Tuesday produce strong bear candles. Wednesday produce a doji/upside down hammer, it also had respectable volume. This indicates lower price a going to be forcibly resisted. Supporting this, Thursday produce a solid bull candle of same size to Tuesday candle. This series of 3 days candles are likely to be setting the Bull direction for next week. Friday finished softer and smaller, it was the lowest volume for the week2. The OBV shows and upward direction but the peaks of mountains are forming, is this an early sign to the downward side? Probability for this week has a high Bull attitude
WEEK
WEEK 3 OF MARCH FORECAST WAS = BEAR = ACCURATE
PROBABILITY FOR WEEK 3 MARCH = NO CALL
Week 3 produce the mirrored version candle to last week. We now have a strong rejection for higher prices and a strong rejection toward lower prices. The volume reduced around 40% to last week, but remains exceptionally high. This chart shows the volatility will remain.
Comment:
Forecast for week accurate, day forecast was neutral.