MarketIntel

MarketIntel

In the vast emptiness of the universe, the Salesforce was long subject to much darkness, but it finally regained enough strength to explore new galaxies! In other words, the Salesforce stock has been within our designated target box for long enough after some months of decline. Now, it is time for the stock to leave the mark of $212.99 behind and push for a...

MarketIntel

If you were born before the year 2000, chances are pretty good you still remember Clippy the Microsoft paper clip! Many times, Clippy helped us get through the various versions of Windows when we all were bloody PC-beginners. We brought him back for a guest lecture on the Microsoft stock! He was so kind to provide us with an amazing chart and as you can see the...

MarketIntel

This week was a particularly chaotic one for the British Brent oil. While it started strong, it lost almost all its momentum and dropped back to the levels at the beginning of the week. We expect it to further decline in the short run, but also to bounce back before it reaches $53.39. This mark is especially important. Below that price, our alternative scenario...

MarketIntel

Except for Robert Kiyosaki, the writer of “Rich Dad Poor Dad”, only a few others seem to talk about silver. However, we might be facing a nice run over the coming days from this metal. We are increasingly confident that it is now leaving the mark of $25.12 behind and moving up to tackle $28.10. This is an important hurdle in our calculation that silver needs to...

MarketIntel

Yeah, we’re all hyped up and optimistic about Ethereum – and there is little that speaks against this! However, if we were to throw ourselves blindly into every trade, we’d be gamblers and not investors. With Ethereum, we reached a crucial point. According to our calculations, we expect it to rise further above the all-time high of $1424.30, decline a bit, and...

MarketIntel

Usually, we are consciously keeping a back-door open in our analyses, which always feature alternative scenarios, in case of surprises. Not for Bitcoin . Here, we are in a whole new dimension, as there is only one direction for Bitcoin’s price development, namely: UP! We correctly predicted the turnaround in the yellow box, and we are now heading towards new...

MarketIntel

After a couple of weeks of decline, the Apple Inc. stock is perfectly positioned to start its comeback and strive for a new all-time high. If the price remains above $125.39, we expect the price to rocket past $137.94 at a probability of 65%. So, an Apple (stock) these days might just keep the (financial) doctor away. However, there is a chance of 35% that we see...

MarketIntel

Of course, when pushing your Hellcat down a long and empty road, the last thing you want to have is an unexpected road bump on the way. This is what the Dow Jones had to experience today (metaphorically). Joe Biden’s announcement of a $1.9 Trillion Covid-19 relief package was not welcomed by the Dow, which reacted to the news with a dip. No need to worry, though!...

MarketIntel

I repeat, we have NO problem! Although being in a downward movement currently, the curve has entered the designated area in which we expect it to change its direction. Before we only get back $1.20505 for each Euro we invest, the price will, according to our analysis, turn around and further go up beyond $1.23. Previously, our calculated „turnaround zones“ turned...

MarketIntel

The financial world was so obsessed with the Bitcoin Rallye of the past weeks that we almost forgot about gold. Saddened by this lack of attention, the gold price took another dip this week. We expect it to further decline past the marks of $1817 and $1767, all the way down to somewhere between $1700 and $1720. In the wake of a currently correcting Bitcoin, the...

MarketIntel

aaaand here they are! We are back above the $1000 Mark as the bulls break above $674. Wave 3 in Green extends without further corrections to reach the 300% Extension at $992. We think that wave iii in Orange is completed now, and the ongoing correction might extend towards the $850 area. If this is the case, we plan another long Trade in our yellow trading box....

MarketIntel

Ethereum breaks above the critical resistance line at $685, thus confirming wave 3 in green. This leaves us with further upside potential. In wave iii in Orange, we expect prices at around $850. After another short correction, we might see prices touching into the 4 digit area. We went long, as depicted in the chart. We plan further long trades after completing...

MarketIntel

The EUR/USD reaches our target zone. Starting at $1.22593, the yellow box has stopped the bull run. In wave iv in green, the EUR/USD has space for further bearish action. The ideal turnaround zone is at around $1.20700. We have highlighted the turnaround area with another yellow box. Important support is at $1.20133. Should the bears break below this support...

MarketIntel

Everybody's having fun. Look to the future now. It's only just begun… We couldn't think of better words than Slade did back in '85. The Bitcoin Bulls deliver an early Christmas present and break above the 20k mark. The breakout confirms the bullish pattern as depicted in orange. We think that higher quotations are now inevitable, and prices have room to roam. Next...

MarketIntel

Another Elvis classic that the bulls are playing! The outlook remains bullish as long as we stay above the $17629 level. This level is very important to uphold the bullish expectation as depicted in the chart. For a solid confirmation of a breakout, prices should break above the resistance at $19891. The bullish action would indicate another run towards the $25k...

MarketIntel

WTI is setting out to new oceans of black gold. The crucial hurdle for the bulls is now the resistance line at $46.68. The bulls need to break above this line to further develop wave in green. In case we fail, there might be a correction on the way. Under $43.92, the bears unlock downwards potential, and lower prices at around $40 might be imminent. For the...

MarketIntel

That is precisely what we want to see! When we talk about a so-called 1,2 setup, which is the basis for an impulsive movement, we want to see a structure like in our EUR/USD chart. Wave i and ii in green lay the foundation for the impulsive breakout in wave iii. Ideally, we go long with the beginning of a wave 3. In this case, our entry in the EUR/USD has worked...

MarketIntel

The bulls deliver one high after the other. After reaching our wave (iii) in Blue target, the market undergoes the planned correction of wave (iv) in Blue. This correction is promptly followed by another high, and the bulls are just short of propelling Bitcoin to new all-time highs. But just like in the 2017 heydays, the market needs a large corrective wave to...