July 5 - Volatility Index (VIX) weekly – 12.48

 

Medium-term – Consolidation

Heikin-Ashi

(!!!)         Consolidation: another reversal doji. More consolidation, more violent the breakout will be.

(!)           haOscilaltor is just below the zero line. Unclear.

(- +)        VIX is in a weak downtrend. To reverse it, haClose should be > 12.65 at the end of July 5 vs. 12.64 now.

 

 

Non Heikin-Ashi

(+)          Below the Buy-stop@20.02

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July 5 - SP-500 weekly – 5,567.10

Medium-term – Tired. Top.

 

Heikin-ashi

(-)           haDelta remains below its short average.

(-)           SP-500 is in a downtrend. To reverse it, haClose should be > 5,551.76 at the end of July 12 vs. 5,513.78 now. It looks unattainable by next Friday.

 

Non Heikin-Ashi

(++)        Comfortable Stop-loss @5,225.   6.14% below the close.

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July 6:  Bitcoin weekly– 61,122

Medium-term – Downtrend, lower lows, lower highs. The support @59,457 has been violated.

 

Heikin-Ashi

(-)           The middle of the channel @60,735 has been broken.

(-)           Negative haDelta.

(-!)          BTCUSD is already in a downtrend. To reverse it, haClose should be > 57,067 at the end of next week vs. 59,340 now. Slight possibility to reverse the downtrend by the end of the next week.

 

Non Heikin-Ashi

(-)           Below the buy-stop @73,194, 28.73% lower.

(++)        The weekly chart shows an Inverse positive divergence for the haOscillator in 2024.

(!)           Resistance @72,000

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July 6 - Ethereum weekly – 3,003.37

Medium-term – Downtrend. The buy-stop is far above @3,896.

 

Heikin-Ashi

(-)           ETHUSD broke down below the mid-channel support.

(-)           haDelta remains below its average.

(--)         Far below (29.72%) the buy-stop @3,896.

(!)           ETHUSD is already in a downtrend. To reverse it, haClose should be >3,111.08 at the end of the next week vs. 3,196.83now.

 

Non Heikin-Ashi

(-)           Below the trailing-stop @3,896

(++)        Even on the weekly chart, haOscillator displays an inverse positive divergence since the    start of 2024.

(!)           Immediate resistance @4,091, the upper band of the Donchian channel.

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July 5 - EUR/USD weekly – 1.0836

Medium-term – Positive bias.

 

Heikin-Ashi

(+)          haDelta turned above its average.

(- +)        EURUSD is in an uptrend. To reverse it, haClose should be < 1.0755 at the end of July 12 vs. 1.0779 now.  haOscillator started moving with a positive bias.

 

Non Heikin-Ashi

(+)          Above the trailing-stop @1,0531.

(+)          Inverse positive divergence haOscillator for 2024.

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