A week ago I forecasted that “…the weekly candle technically confirmed a short-term bottom and at least one more week of higher prices is expected…”
I cannot complain about the last week rally, but there are a few concerning signals that have to be discussed.
This weekly overview contains:
– evaluation of the candles and TA on multiple time frames;
– a mid- and long-term Elliott Waves forecasts.
Previous Quarterly Analysis, Jun 30th:
This analysis is part of the @InvestingAngles Weekly Series that covers US Indices, Volatility, Bonds, Cryptocurrencies, Commodities, Currencies, and some Large Cap stocks. Link here.
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