Market sentiment giving Stagflation for US Dollar week of 10-17. MACD is bearish just under 50/50 signal right ontop ma. RSI bearish under 50/50 signal under ma signaling Sellers in control of market.
I am Expecting market to be more so in a neutral state with bearish momentum taking on the -0.45% decline then taking on 3.39% (rise to 50% FIB) incline . Will focus on taking decline early in week and focus on bull thereafter. SPX projected to take an estimated 4.47% incline to upper half of 78% FIB
Primary focus is the BUY APR 10-17.
Cllimbage projectile:
P1:
INCLINE: 1.04%
DECLINE: (-0.45%)
P2:
INCLINE: 3.39%
DECLINE: -2.53%
I am Expecting market to be more so in a neutral state with bearish momentum taking on the -0.45% decline then taking on 3.39% (rise to 50% FIB) incline . Will focus on taking decline early in week and focus on bull thereafter. SPX projected to take an estimated 4.47% incline to upper half of 78% FIB
Primary focus is the BUY APR 10-17.
Cllimbage projectile:
P1:
INCLINE: 1.04%
DECLINE: (-0.45%)
P2:
INCLINE: 3.39%
DECLINE: -2.53%
