27/03/22
FORECAST FOR WEEK 4 MARCH 2022 WAS = BEAR = INACCURATE
THE COMBINED FORECAST FOR WEEK 5 MARCH 2022 IS = BEAR
DAYS
WEEK 4 OF MARCH FORECAST WAS = BEAR = INACCURATE
PROBABILITY OF DAYS FOR WEEK 5 MARCH = BEAR
The week opened with a small Bear doji type candle, volume would be considered the low side of average. Tuesday was fairly Bull and it continued the uptrend. Volume was also the highest for this week. Wednesday to Friday were all three Bear candles but most of the movement was contained inside the Tuesday Bull candle. A struggle to bring the price down. Volume however did increase to near Tuesday's level. OBV is trending down. The bear signals are more than the bull signals. There is only one Bull signal the two Bear signals increase the probability the Bears will see most of this week.
WEEK
WEEK 4 OF MARCH FORECAST WAS = BEAR = INACCURATE
PROBABILITY FOR WEEK 5 MARCH = BEAR
The candle this week was a falling star. While Bull, the candle tail does show the Bears can bring the price down. The volume was lower as well this week about 30% more. The OBV oscillation is increasing, it is Bear orientation. It is not uncommon for this price area to have volatility.
FORECAST FOR WEEK 4 MARCH 2022 WAS = BEAR = INACCURATE
THE COMBINED FORECAST FOR WEEK 5 MARCH 2022 IS = BEAR
DAYS
WEEK 4 OF MARCH FORECAST WAS = BEAR = INACCURATE
PROBABILITY OF DAYS FOR WEEK 5 MARCH = BEAR
The week opened with a small Bear doji type candle, volume would be considered the low side of average. Tuesday was fairly Bull and it continued the uptrend. Volume was also the highest for this week. Wednesday to Friday were all three Bear candles but most of the movement was contained inside the Tuesday Bull candle. A struggle to bring the price down. Volume however did increase to near Tuesday's level. OBV is trending down. The bear signals are more than the bull signals. There is only one Bull signal the two Bear signals increase the probability the Bears will see most of this week.
WEEK
WEEK 4 OF MARCH FORECAST WAS = BEAR = INACCURATE
PROBABILITY FOR WEEK 5 MARCH = BEAR
The candle this week was a falling star. While Bull, the candle tail does show the Bears can bring the price down. The volume was lower as well this week about 30% more. The OBV oscillation is increasing, it is Bear orientation. It is not uncommon for this price area to have volatility.