Shaun Downey's Comment & Analysis
A complete archive of Shaun Downey's articles, including current analysis & comment.
Editors note: Content is best viewed on desktop Crypto Decorrelates from Nasdaq and Moves Down. Ethereum Holds Major Support Zone as One of the Few Positives
Editor's Note: This content is best viewed on desktopThe Fallout from Luna removes volatility and range but decorrelates slightly from Nasdaq. TRON Remains the Stand Out
Crypto Tracks Nasdaq as Majority of Coins Breach Final Support Points
Crypto continues to track the Nasdaq but is showing a little independent strength
Cryptocurrency updates as Ethereum outperform, various Tokens try to build positive signals
Track the the major supports and resistances for the week ahead.Peak energy and expansion
Measure the volume and range of a 5 bar fractal or swing pattern
Computes this against the moving average of...
Gold and Silver break up through short term resistance Wednesday. Subtle changes occur in Gold.
Precious gets little benefit from Dollar Weakness. Major support zones lurk below
Gold and Silver hold major support midweek and postpositive patterns. However, the Dollar posts a positive on Friday and creates a major conflict.Highlights of the week
Gold holds support Wednesday...
Highlights for the week:
Stock markets collapse Friday
This causes buying of the EuroDollar
Gold Fails at daily resistance Friday
Gold and silver get no benefit from dollar weakness Friday