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Showing posts from October 10, 2023

Analyzing GME Weekly Trends Based on Buy/Sell Order Flow Intensity: Insights and Predictions

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This analysis is based on the buy/sell order flow intensity of GME, predicting the weekly trend. In the first week of October, on October 2nd, GME's weekly closing price experienced a significant decrease of -8.38% compared to the previous week. It entered the Bearish zone for the 13th consecutive week, showing a cumulative decline of -34.3% in this zone. There was a rebound trend observed until three weeks ago, but currently, a downtrend is in progress. However, starting from the second week of October (October 9th), GME is expected to form a short-term low point and enter a rebound trend. According to the current analysis system, the anticipated duration of this upcoming rebound period is approximately five weeks. Considering the weekly index trends, it is likely to be a relatively short-lived rebound, lasting around 2 to 3 weeks, before transitioning back into a downtrend. This transition is expected to occur around the week of October 16th to October 23rd, which marks a crucial

Bullish Momentum in SPY: Limited Gains Expected Amidst Overheated Uptrend, Potential Bearish zone Turn Ahead Two weeks from now.

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  The daily chart of SPY has entered the Bullish zone, marking the beginning of a strong uptrend. However, in the short term, we anticipate limited gains and brief correction periods due to the overheated upward movement. It is expected to continue this way until the end of this week or early next week, after which a robust upward trend is anticipated. This strong upward movement and minor corrections within the Bullish zone are likely to persist until next week, but afterward, there is a high probability of entering the Bearish zone, increasing the risk of a decline. Oct 09, 2023 ◆ Closed price 432.29 0.64%     ◆ Appropriate Investment Position: Bullish-Buy [Long-term strategy] ◆ Today's stock price Buy-Sell intensity analysis The current trend appears to be 'Uptrend'. The OPEN-price started with a stronger decline rate than the current trend and The HIGH and LOW prices are showing an appropriate HIGH-price to the current trend and a stronger LOW-price Finally, the CL

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