Will the market follow the recent breakout?
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September 20: Weekly Volatility Index (VIX) – 16.15. Medium-term outlook: Undecided.
Heikin-Ashi
(-) haDelta crossed below its average, at zero.
(!) haOscillator failed to rise above the zero line.
(!) VIX is in a downtrend. To reverse it, haClose should be > 17.36 by the end of September 27 vs. 17.12 now. Open to everything.
Non Heikin-Ashi
(-) Below the buy-stop @25.83, 59.93 % above the close.
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September 20: SP-500 Weekly – 5,702.55. Medium-term outlook: Uptrend.
Heikin-Ashi
(+) haDelta is above its average.
(!) haOscillator made a top, reversed and, probably, will go higher.
(!+) SP-500 is an uptrend. To reverse it, haCloseshould be < 5,658.56 by the end of September 20 vs. 5,663.96 now.
Non Heikin-Ashi
(+) The daily stop-loss is @5,297.22, 7.10% below the close.
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September 21: Bitcoin weekly – 63,273. Medium-term outlook: Uptrend (see below the conditions).
Heikin-Ashi
(+) haDelta is above its average.
(!) The haOscillator is hovering around the zero line, indicating a lack of strong momentum in either direction. haDelta is the leader here.
(+) BTCUSD is in an uptrend. To reverse it, haClose should be < 60,557 by the end of the next week vs. 61,105 now.
Non Heikin-Ashi
(-!) Descending triangle June – present.
(-) Below the buy-stop @72,406, 14.43% lower.
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September 21: Ethereum weekly – 2,575.9. Medium-term outlook: Uptrend.
Heikin-Ashi
(+) haDelta turned is above its average.
(+) The haOscillator was ready to peak (though not at the typical 90-100 range), but instead, it avoided the top, briefly touched the slower moving average, and then surged upward. When an indicator taps its average and resumes the trend, it signals a continuation, suggesting that price action will follow in the same direction.
(+) ETHUSD is in an uptrend. To reverse it, haClose should be < 2,354 by the end of the next week vs. 2,436 now. Less probable to change the trend.
Non Heikin-Ashi
(-) Below the trailing-stop @3,493 44.50 % above the close.
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September 13: EUR/USD weekly at 1.1162. Medium-term outlook: Uptrend (see below).
Heikin-Ashi
(+) haDelta is above its average.
(-+) haOscillator is negative. (Note: haOscillator is smoother but delayed)
(+) EURUSD is in an uptrend. To reverse it, haClose should be < 1.1119 by the end of September 27 vs. 1.1124 now.
Non Heikin-Ashi
(+) Above the trailing-stop @1.0808, 3.16% below the close.
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