Price based analysis
Risk assets—including Bitcoin, Nasdaq, and global equities—are positioned to rally further into the end of next week, driven by a confluence of lunar cycle timing and market positioning (bids.) The price structure as noted over the last few weeks allows for an Elliott Wave fifth wave to new highs. A rarely used momentum measurement technique of RSI is a bullish signal here. RSI does not become as radical over bought as it is here without the short-term trend persisting higher.
Solar/Lunar (tidal cycles)
The recent new moon sets the stage for this final push. The tidal cycles shown in this table signal the bullish short term up cycle. From Bitcoin, precious metals to popular stock averages. As you will read in the weekly MarketMap™, the expectation is bullish on rates.
Our timing model has been firmly layered out over the last few weeks. Not much to add at the moment.
The I-T swing trading system in general is in line with the S-T (2week/4week) trading method. Only the bonds are out of sync with the bigger picture outlined in today’s MarketMap™ Weekly.
Key Dates and Points:
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