Deutsche Bank weekly review
In the previous week, the inner impulsive wave (i) of the outer corrective wave (c) pulled back a bit towards the weekly support zone 15.61 - 15.96. This pull back is expected to be only temporary. Bulls are expected to come back and push this impulsive wave (i) upwards towards the weekly resistance zone 20.53 – 20.98.This anticipated bullish rally is valid only if price is above this weekly support zone 15.61 - 15.96 If price breaks blow this support zone, this bullish rally may be invalidated, and price could rally downwards instead. If you did not buy this stock last, look for a long position around this weekly support zone and buy this stock towards 20.53
Long this stock towards 20.53.
Bit coin weekly review
Last week Bit coin faced a slight correction last. Despite the fact that bears tried to pull the impulsive wave downwards, it ended up closing the week with a bullish pin bar. This pull back is expected to be temporary and bullish should come back and push this impulsive wave (5) higher. If price breaks below , this anticipated bullish price rally may be invalidated and price could rally downwards instead. Look for a long position with your target at 10000
We are still long towards 10000.
SP 500 weekly review.
Just as predicted, the SP500 rallied upwards and closed the week by making a new high. This bullish price rally is expected to continue as long as price remains above 2544.6.The impulsive wave (5) has not yet shown signs of exhaustion hence, we expect it to extend further upwards.This bullish price rally may not end soon since we have been in an up trend continously ever since this stock was registered. Look for a long position to buy this pair with an ideal target at 2700. If price breaks below 2544.6, this anticipated bullish rally may be invalidated.
Buy this index with your target at 27700.