28/03/2022
FORECAST FOR WEEK 5 MARCH 2022 = BULL
DAYS
WEEK 4 OF MARCH FORECAST WAS = BULL = ACCURATE
PROBABILITY FOR WEEK 5 MARCH = BULL
This week opened Bull with some of the lowest volumes in a while indicating price can easily rise further. Tuesday produced a small bear candle noting an increase in volume, decent too. This didn't produce any move the next day. Wednesday was Bull, a slight drop in volume, Thursday Bear again, with another increase in volume. Friday opened lower but finished small Bull, volume matches Thursday's volume. Path of least resistance says Bull week again.
WEEK
WEEK 4 OF MARCH FORECAST WAS = NEUTRAL = ACCURATE
PROBABILITY FOR WEEK 5 MARCH = BULL
This week was a decent bull candle. The volume has picked up again from last week around 5% more. There was little tail on the bottom of this, indicating not a great deal of effort was applied to bring the price lower. The OBV is still affected by the rather large move 3 weeks ago which makes it difficult to interpret.
FORECAST FOR WEEK 5 MARCH 2022 = BULL
DAYS
WEEK 4 OF MARCH FORECAST WAS = BULL = ACCURATE
PROBABILITY FOR WEEK 5 MARCH = BULL
This week opened Bull with some of the lowest volumes in a while indicating price can easily rise further. Tuesday produced a small bear candle noting an increase in volume, decent too. This didn't produce any move the next day. Wednesday was Bull, a slight drop in volume, Thursday Bear again, with another increase in volume. Friday opened lower but finished small Bull, volume matches Thursday's volume. Path of least resistance says Bull week again.
WEEK
WEEK 4 OF MARCH FORECAST WAS = NEUTRAL = ACCURATE
PROBABILITY FOR WEEK 5 MARCH = BULL
This week was a decent bull candle. The volume has picked up again from last week around 5% more. There was little tail on the bottom of this, indicating not a great deal of effort was applied to bring the price lower. The OBV is still affected by the rather large move 3 weeks ago which makes it difficult to interpret.