Update gold trend analysis. As a result of analysis of stocks, oil and other metal trends, I expect to follow similarly. From July to September, VIX will rebound, and monthly corrections are expected for the stocks, oil, and metals that have risen.
Update silver trend analysis. It will settle over the long-term uptrend and will continue to show upward trend by early July next week.
Oil will remain on the uptrend until next week in early July with a new weekly support key level.
This is not the direction I think, so I update the trend analysis. As a result of analyzing the metal and oil trends, VIX expects to hit a low again, and Nasdaq will also hit a high. SP&500 will also keep the trend upward at least until the beginning of July, the next week, and will show a downward trend since the beginning of July.
Modify strategy. As a result of the stock, metal and oil trend analysis, VIX believes it will go to the last holding point.
VIX will try to settle over the last weekly support line this week. After the support confirmation, I expect to rise at least weekly. This analysis will remain unchanged until the next update.
To avoid confusion, I will change the analysis update from daily to weekly or urgent situations. I expect this stock market analysis to be unchanged. The direction I see depends on the price action near the critical support line. There will be a rebound between Monday and Tuesday next week, and the direction is determined by whether the price supports or fails in...
Silver is trying to settle over long-term support. However, the upper daily resistance is growing. If this line is broken, corrections may appear up to the new weekly support key level, and in severe cases larger corrections may occur if broken before completion.
Gold pattern is not good. The problem is that daily resistance is growing. If gold closes below the support level this week, it is likely to go down rather than up.
It seems to have been deleted, but upload it again.
It seems to have been deleted, but upload it again. The oil will determine the short term direction depending on whether it rests above the daily resistance key level. Personal thoughts are expected to proceed with correction.
Today VIX will try to settle above the last weekly support key level. The success or failure of VIX seems to determine the trend direction of the stock market and gold, a safe asset.
The oil must sit on top of the low daily resistance key for sustained ascent. Otherwise, the high point will likely be the Weekly resistance key level, so it will show a correction pattern until next week.
This analysis is the trend analysis from the sell point of view. Each blue line is the basis for time trend conversion.
Oil can keep up with trends like the stock market. If so, there is a possibility that it will rise after a short correction as in the chart.
Oil is expected to rise once after correction. Wave 1 is completed and weekly correction is expected in July.
If it comes down again, it is likely that the daily support key level will be created below. The market will receive more upward momentum.
I expect the new weekly support key level to rise until completion.