26/02/22
FORECAST FOR WEEK 1 MARCH 2022 = BEAR
COMBINED FORECAST FOR MARCH 2022 = BULL ( (with an initial bearish start)
DAYS OF FEB
WEEK 4 OF FEB FORECAST = BULL this was INACCURATE
PROBABILITY FOR NEXT WEEK = BEAR
This week was fair neutral until Thursday when a spinning top of indecision formed. Volume towered over all previous volumes, very nervous investors. Friday volume smaller still towers overall the previous days. Body of Friday did not enter the body of Thursday, only the top tail did. This indicates a move south is likely.
OBV is very bearish, questionable accuracy at this point.
WEEKS OF FEB
PREVIOUS WEEK 4 OF FEB ASSESSMENT = INACCURATE
PROBABILITY FOR NEXT WEEK = BEAR (Torn, one hand the cup handle has been broken, on the other, the pin bar with the large sell volume indicates a huge bear move pending.
Mon opened bear, within the current range, also Tuesday inside range but bull candle. Following on, Wed was a solid bull candle, nice size, little to no penetration back into Tuesday body. Thursday is similar to Wed but the volume is exceptionally large. Friday (reacted to the action of Russia Ukraine war) formed a shooting star. This tail protruded beyond the most recent high of the range, the body did not.
The OBV is out of wack with sharp moves, ignore
FORECAST MTH = BULL
Sizable bull candle, exceptional volume. OBV ow trends BULL. The chart looks to have commenced a BULL rally.
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THE FORECAST FOR FEB = INACURATE
JANUARY FORECAST FOR FEB 2022 = BEAR
FORECAST FOR WEEK 1 MARCH 2022 = BEAR
COMBINED FORECAST FOR MARCH 2022 = BULL ( (with an initial bearish start)
DAYS OF FEB
WEEK 4 OF FEB FORECAST = BULL this was INACCURATE
PROBABILITY FOR NEXT WEEK = BEAR
This week was fair neutral until Thursday when a spinning top of indecision formed. Volume towered over all previous volumes, very nervous investors. Friday volume smaller still towers overall the previous days. Body of Friday did not enter the body of Thursday, only the top tail did. This indicates a move south is likely.
OBV is very bearish, questionable accuracy at this point.
WEEKS OF FEB
PREVIOUS WEEK 4 OF FEB ASSESSMENT = INACCURATE
PROBABILITY FOR NEXT WEEK = BEAR (Torn, one hand the cup handle has been broken, on the other, the pin bar with the large sell volume indicates a huge bear move pending.
Mon opened bear, within the current range, also Tuesday inside range but bull candle. Following on, Wed was a solid bull candle, nice size, little to no penetration back into Tuesday body. Thursday is similar to Wed but the volume is exceptionally large. Friday (reacted to the action of Russia Ukraine war) formed a shooting star. This tail protruded beyond the most recent high of the range, the body did not.
The OBV is out of wack with sharp moves, ignore
FORECAST MTH = BULL
Sizable bull candle, exceptional volume. OBV ow trends BULL. The chart looks to have commenced a BULL rally.
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THE FORECAST FOR FEB = INACURATE
JANUARY FORECAST FOR FEB 2022 = BEAR