ONE44 Analytics S&P500 ESU20 update Friday's close was just under 38.2% of the 6/15/20 low, this is 3335.00. The swing point to say the market is going to continue down is 3407.00, on a closing basis and the first target is still the area of the
Grains GRAINS SOYBEANS The Soybeans have now had two closes above the 970.00 major Gann square. This is now our swing point. As long as they remain above it, look for 1020.00, this is 23.6% back to the all-time high and then 1045.00, this is 61.8% back
ESU20 Update ESU20 You can now use 3407.00 as the DSP for the overnight and tomorrow's close. This is 38.2% of the break from the 3582.00 major Gann square. As long as they remain below it, continue to look for the first target area of the 3266.
GRAINS SOYBEANS The soybeans have a few closes above the long term swing point at 945.00 and now need a couple closes above the 970.00 major Gann square to confirm a breakout and give us an upside target of 1045.00. The 945.00 level is 38.2% back
Bitcoin Bitcoin Bitcoin had one close above the long term swing point of 11800 again, but could not confirm a move higher with the second higher close. Yesterday's close put the market on the defensive once again. The long term target on a break from this area can take it
Gann Square ESU20 Update The break from the 3582.00 major Gann square took them through the 3474.00 swing point that is also a major Gann square and down to 23.6% back to the 6/15/20 low, this was 3433.00. Today's close was below the 3474.00 swing
Fibonacci Retracements ESU20 The S&P has now closed above the 3466.00 to 3488.00 Gann square cluster and as long as it can close above it again the next short term target is the next major Gann square 3582.00. The long term target will be the next cluster of
Bitcoin Bitcoin Bitcoin has failed to maintain close's above the 11,800 long term swing point. This now puts the market on the defensive and as long as they continue to close below it, the target is 38.2% back of the current move at 9300. Getting back to this
Soybeans, Grains Outlook Soybeans As we mentioned in our last update, the nearby bean contract held 38.2% of the current rally at 872.00 on 8/11/20. By doing this it keeps the trend positive and our first target of 970.00 and the longer term target of 1045.00 intact
ESU20 Major Gann square cluster ESU20 The major Gann cluster between 3466.00 and 3488.00 can produce a bigger reaction then the market has been having on this current rally. It is important to note that all of the setbacks have held the tightest retracements keeping it extremely positive, so these are some of
barchart trader Bitcoin They continue to trade around the long term swing point of 11,800, the last few days it has closed above this level and as long as this continues look for the long term target of 16,300. A normal break on a failure to stay above this level is
38.2% Rule SOYBEANS New targets The Beans continue to build a major base, but have been stopped by key retracements on the rallies and then failed to hold key levels below, these are the new levels to watch for to see if it can follow through this time. The base they have built
Gold GOLD/ U.S. Dollar GCZ20 The Gold traded well below the 1940.00 swing point, but never closed below it. This rally should take them to new highs to remain very positive, if no new high happens, or a slightly higher high (2100.00 major Gann square) and then right back below previous high
38.2% Rule S&P 500/ESU20 These are some of the key levels and timing with long term targets.. ESU20 For the S&P the cluster of Gann squares is up at 3466.00 to 3488.00, if this coincides with the major Gann timing on 8/20 (this can be a few days off)
Bitcoin Bitcoin They hit the next target level above, which was the area of 11,600, a major Gann square and 11,700 this is 78.6% of the move back to the June 2019 high.This is the long term swing point, a break from here should take them 38.2%
E-Minis S&P Update ESU20 The S&P continues to grind higher towards the long term target and cluster of Gann squares up at 3466.00 to 3488.00. Before this is the major Gann square at 3370.00, once they can close above this level it will become the new swing point,
38.2% Rule Bitcoin/EURUSD Both of these markets got up to and through the long term targets. he target for Bitcoin was the area of 11,600 and 11,700. The first one was a major Gann square and the second was 78.6% back to the 6/26/2019 high. They did trade
38.2% Rule S&P Update ESU20 After two weeks of bumping up against the 3266.00 major Gann square a solid close above it today will make it the swing point and with another close tomorrow above it the target is the next major Gann square up at 3370.00. The long term target remains
Gold Gold and the U.S. Dollar I am not calling for a top in Gold, but I want you to be aware of what is also going on in the US Dollar that can cause at a minimum a very good setback. Gold and the Dollar have been mirroring each other in opposite directions since March
Soybeans, Soybeans Weekly outlook Soybeans Going back over the last year there are some very key things that have happened. The first was back in October 2019 when they first hit 38.2% back to the 2016 high, this level was 940.00. As a side note the 2016 high was 38.
Fibonacci Retracements Bitcoin 10,050 target has been hit BITCOIN After holding the swing point of 8850, this was 23.6% back to the 3/13/20 low, they have now retested 61.8% back to the 6/26/19 high, this is 10,050. As we have mentioned before, the long term
Bitcoin Bitcoin Update BITCOIN This is an update to the previous outlook on 7/8/20,Bitcoin continues to hold the long term swing point of 8850 and now is above 38.2% back to the 6/2/20 high, this is 9440. Provided they can get a couple close's above
E6U20 E6U20 Update Upside target is 1.1815 E6U20 The Euro currency long term swing point is 1.1375 this is 38.2% up to the 2018 high, it is also a major Gann square. It has now traded above this level for 5 days and as long as it remains above there
Video update on JPM and GS This is the lastest ONE44 video, even if you don't trade JPM, or GS it is worth a look to see how to use the Fibonacci retracements. Don't forget to subscribe!
AMZN Stocks update MSFT, AAPL, GOOGL, NFLX, FB, and AMZN FB You can now use the 242.50 major Gann square as the swing point for now. Below it, look for the next major Gann square at 215.00. The long term swing point is 195.00, this is 23.6% back to
