1st DEC 2024 Report Results

U.S. equities kicked off December on a strong note

With the SPY expiring bullish as it pierced its target price of 605. The index closed at 598.79, with a strike price of 606.26 set for December 4, indicating a potential upside to 612. In contrast, cryptocurrency markets were rattled as BTC.USD slumped, expiring bearish with a closed price of 98,120, eclipsing its target price of 96,438. The downward pressure was evident in its strike price of 93,662 set for December 3, with a lower range of 91,651. Meanwhile, gold prices treaded water, with GLD expiring neutral at 243.49, hovering near its target price of 245 and strike price of 245.19 set for December 4, as investors weighed the metal's safe-haven appeal amidst market fluctuations.

Expired SPY Weekly outlook. 1st WK DEC 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 598.79
This Week Target Price: 605
Strike Price: 606.26 on DEC 4, 2024
Upper Range: 612
Lower Range: 597

Expired BTC.USD Weekly outlook. 1st WK DEC 2024
> BEARISH 📉 HIT
Prior Week Closed Price: 98,120
This Week Target Price: 96,438
Strike Price: 93,662 on DEC 3, 2024
Upper Range: 101,224
Lower Range: 91,651

Expired GLD Weekly outlook. 1st WK DEC 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 243.49
This Week Target Price: 245
Strike Price: 245.19 on DEC 4, 2024
Upper Range: 253
Lower Range: 237

Expired SPY Weekly outlook. 1st WK DEC 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 598.79
This Week Target Price: 605
Strike Price: 606.26 on DEC 4, 2024

Expired BTC.USD Weekly outlook. 1st WK DEC 2024
> BEARISH 📉 HIT
Prior Week Closed Price: 98,120
This Week Target Price: 96,438
Strike Price: 93,662 on DEC 3, 2024

Expired GLD Weekly outlook. 1st WK DEC 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 243.49
This Week Target Price: 245
Strike Price: 245.19 on DEC 4, 2024

4th NOV 2024 Report Results

Expired SPY Weekly outlook. 4th WK NOV 2024
> N/A
Prior Week Closed Price: 603.18
This Week Target Price: N/A
Upper Range: N/A
Lower Range: N/A

Expired BTC.USD Weekly outlook. 4th WK NOV 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 98,524
This Week Target Price: 101,313
Strike Price: 103,587 on DEC 4, 2024
Upper Range: 108,089
Lower Range: 94,537

Expired GLD Weekly outlook. 4th WK NOV 2024
> N/A
Prior Week Closed Price: 245.60
This Week Target Price: N/A
Upper Range: N/A
Lower Range: N/A

Expired SPY Weekly outlook. 4th WK NOV 2024
> N/A
Prior Week Closed Price: 603.18
This Week Target Price: N/A

Expired BTC.USD Weekly outlook. 4th WK NOV 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 98,524
This Week Target Price: 101,313
Strike Price: 103,587 on DEC 4, 2024

Expired GLD Weekly outlook. 4th WK NOV 2024
> N/A
Prior Week Closed Price: 245.60
This Week Target Price: N/A

3rd NOV 2024 Report Results

Expired SPY Weekly outlook. 3rd WK NOV 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 585.75
This Week Target Price: 587
Strike Price: 590.30 on NOV 19, 2024
Upper Range: 600
Lower Range: 574

Expired BTC.USD Weekly outlook. 3rd WK NOV 2024
> N/A
Prior Week Closed Price: 87,697
This Week Target Price: N/A
Upper Range: N/A
Lower Range: N/A

Expired GLD Weekly outlook. 3rd WK NOV 2024
> BEARISH 📉 MISS
Prior Week Closed Price: 236.59
This Week Target Price: 234
Upper Range: 243
Lower Range: 224

Expired SPY Weekly outlook. 3rd WK NOV 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 585.75
This Week Target Price: 587
Strike Price: 590.30 on NOV 19, 2024

Expired BTC.USD Weekly outlook. 3rd WK NOV 2024
> N/A
Prior Week Closed Price: 87,697
This Week Target Price: N/A

Expired GLD Weekly outlook. 3rd WK NOV 2024
> BEARISH 📉 MISS
Prior Week Closed Price: 236.59
This Week Target Price: 234

2nd NOV 2024 Report Results

Expired SPY Weekly outlook. 2nd WK NOV 2024
> BEARISH 📉 HIT
Prior Week Closed Price: 600.05
This Week Target Price: 597
Strike Price: 594.57 on NOV 12, 2024
Upper Range: 610
Lower Range: 584

Expired BTC.USD Weekly outlook. 2nd WK NOV 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 76,561
This Week Target Price: 78,039
Strike Price: 89,824 on NOV 11, 2024
Upper Range: 81,996
Lower Range: 74,083

Expired GLD Weekly outlook. 2nd WK NOV 2024
> NEUTRAL 📊 MISS
Prior Week Closed Price: 247.96
This Week Target Price: 247
Upper Range: 252
Lower Range: 241

Expired SPY Weekly outlook. 2nd WK NOV 2024
> BEARISH 📉 HIT
Prior Week Closed Price: 600.05
This Week Target Price: 597
Strike Price: 594.57 on NOV 12, 2024

Expired BTC.USD Weekly outlook. 2nd WK NOV 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 76,561
This Week Target Price: 78,039
Strike Price: 89,824 on NOV 11, 2024

Expired GLD Weekly outlook. 2nd WK NOV 2024
> NEUTRAL 📊 MISS
Prior Week Closed Price: 247.96
This Week Target Price: 247

1st NOV 2024 Report Results

Expired SPY Weekly outlook. 1st WK NOV 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 571.04
This Week Target Price: 570
Strike Price: 570.86 on NOV 4, 2024
Upper Range: 579
Lower Range: 562

Expired BTC.USD Weekly outlook. 1st WK NOV 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 67,665
This Week Target Price: 71,506
Strike Price: 74,909 on NOV 5, 2024
Upper Range: 75,520
Lower Range: 67,491

Expired GLD Weekly outlook. 1st WK NOV 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 252.47
This Week Target Price: 253
Strike Price: 253.97 on NOV 5, 2024
Upper Range: 361
Lower Range: 144

Expired SPY Weekly outlook. 1st WK NOV 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 571.04
This Week Target Price: 570
Strike Price: 570.86 on NOV 4, 2024

Expired BTC.USD Weekly outlook. 1st WK NOV 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 67,665
This Week Target Price: 71,506
Strike Price: 74,909 on NOV 5, 2024

Expired GLD Weekly outlook. 1st WK NOV 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 252.47
This Week Target Price: 253
Strike Price: 253.97 on NOV 5, 2024

5th OCT 2024 Report Results

Expired SPY Weekly outlook. 5th WK OCT 2024
> NEUTRAL 📊 MISS
Prior Week Closed Price: 579.04
This Week Target Price: 579
Upper Range: 588
Lower Range: 570

Expired BTC.USD Weekly outlook. 5th WK OCT 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 66,577
This Week Target Price: 67,471
Strike Price: 73,544 on OCT 29, 2024
Upper Range: 74,293
Lower Range: 60,649

Expired GLD Weekly outlook. 5th WK OCT 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 253.32
This Week Target Price: 254
Strike Price: 257.71 on OCT 30, 2024
Upper Range: 258.17
Lower Range: 250.97

Expired SPY Weekly outlook. 5th WK OCT 2024
> NEUTRAL 📊 MISS
Prior Week Closed Price: 579.04
This Week Target Price: 579

Expired BTC.USD Weekly outlook. 5th WK OCT 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 66,577
This Week Target Price: 67,471
Strike Price: 73,544 on OCT 29, 2024

Expired GLD Weekly outlook. 5th WK OCT 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 253.32
This Week Target Price: 254
Strike Price: 257.71 on OCT 30, 2024

4th OCT 2024 Report Results

Expired SPY Weekly outlook. 4th WK OCT 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 584.59
This Week Target Price: 587
Strike Price: 586.12 on OCT 24, 2024
Upper Range: 599
Lower Range: 575

Expired BTC.USD Weekly outlook. 4th WK OCT 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 67,336
This Week Target Price: 68,651
Strike Price: 69,525 on OCT 24, 2024
Upper Range: 88,085
Lower Range: 49,218

Expired GLD Weekly outlook. 4th WK OCT 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 251.27
This Week Target Price: 252
Strike Price: 253.89 on OCT 22, 2024
Upper Range: 256
Lower Range: 249

Expired SPY Weekly outlook. 4th WK OCT 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 584.59
This Week Target Price: 587
Strike Price: 586.12 on OCT 24, 2024

Expired BTC.USD Weekly outlook. 4th WK OCT 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 67,336
This Week Target Price: 68,651
Strike Price: 69,525 on OCT 24, 2024

Expired GLD Weekly outlook. 4th WK OCT 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 251.27
This Week Target Price: 252
Strike Price: 253.89 on OCT 22, 2024

2nd OCT 2024 Report Results

In a week marked by cautious trading

The major indices exhibited neutral sentiment. SPY, BTC.USD, and GLD all expired with neutral outlooks, reflecting investors' hesitancy to make bold moves. SPY closed at 572.98, hovering near its target price of 573, with a strike price of 577.14 set on October 9. The index's wide range of 612 and 534 suggests potential volatility. Meanwhile, BTC.USD slipped to 60,765, slightly above its target price of 60,109, with a strike price of 58,971 on October 10. The cryptocurrency's range of 63,193 and 57,026 indicates ongoing uncertainty. GLD remained stable, closing at 245.00, aligning with its target price and strike price of 245.64 on October 11, with a narrow range of 248 and 241. The neutral tone across markets suggests investors are awaiting catalysts for direction.

Expired SPY Weekly outlook. 2nd WK OCT 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 572.98
This Week Target Price: 573
Strike Price: 577.14 on OCT 9, 2024
Upper Range: 612
Lower Range: 534

Expired BTC.USD Weekly outlook. 2nd WK OCT 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 60,765
This Week Target Price: 60,109
Strike Price: 58,971 on OCT 10, 2024
Upper Range: 63,193
Lower Range: 57,026

Expired GLD Weekly outlook. 2nd WK OCT 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 245.00
This Week Target Price: 245
Strike Price: 245.64 on OCT 11, 2024
Upper Range: 248
Lower Range: 241

Expired SPY Weekly outlook. 2nd WK OCT 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 572.98
This Week Target Price: 573
Strike Price: 577.14 on OCT 9, 2024

Expired BTC.USD Weekly outlook. 2nd WK OCT 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 60,765
This Week Target Price: 60,109
Strike Price: 58,971 on OCT 10, 2024

Expired GLD Weekly outlook. 2nd WK OCT 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 245.00
This Week Target Price: 245
Strike Price: 245.64 on OCT 11, 2024

1st OCT 2024 Report Results

Market sentiment remained upbeat as the new quarter commenced

With both SPY and BTC.USD expiring bullish. SPY surged past its target price, closing at 571.47, with a strike price of 574.36 set on September 30. The index's upper range of 582 and lower range of 564 suggest continued momentum. Meanwhile, BTC.USD also hit its target, closing at 65,786, with a strike price of 67,927 set for October 16. The cryptocurrency's upper range of 70,357 and lower range of 64,190 indicate sustained investor optimism. In contrast, GLD's neutral outlook resulted in a modest gain, closing at 245.02, narrowly missing its strike price of 246.82 set on October 1. The gold index's narrow range of 250 and 242 suggests a period of consolidation

Expired SPY Weekly outlook. 1st WK OCT 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 571.47
This Week Target Price: 573
Strike Price: 574.36 on SEP 30, 2024
Upper Range: 582
Lower Range: 564

Expired BTC.USD Weekly outlook. 1st WK OCT 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 65,786
This Week Target Price: 67,273
Strike Price: 67,927 on OCT 16, 2024
Upper Range: 70,357
Lower Range: 64,190

Expired GLD Weekly outlook. 1st WK OCT 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 245.02
This Week Target Price: 246
Strike Price: 246.82 on OCT 1, 2024
Upper Range: 250
Lower Range: 242

Expired SPY Weekly outlook. 1st WK OCT 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 571.47
This Week Target Price: 573
Strike Price: 574.36 on SEP 30, 2024

Expired BTC.USD Weekly outlook. 1st WK OCT 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 65,786
This Week Target Price: 67,273
Strike Price: 67,927 on OCT 16, 2024

Expired GLD Weekly outlook. 1st WK OCT 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 245.02
This Week Target Price: 246
Strike Price: 246.82 on OCT 1, 2024

4th SEP 2024 Report Results

September ended on a high note, as markets extended their rally into the final week. The SPY weekly outlook expired bullish, hitting its target price of $574.02, with a closing price of $568.25. Bitcoin continued its surge, with the BTC.USD weekly outlook striking at $64,661, above its target price of $64,355. Meanwhile, gold prices held steady, with the GLD weekly outlook expiring neutral and hitting its target price of $243, closing at $242.21. This upbeat performance underscores the market's renewed optimism, with key levels to watch including the SPY's upper range of $580 and lower range of $563, Bitcoin's upper range of $67,438 and lower range of $61,271, and gold's upper range of $247 and lower range of $239. As investors look to October, attention will shift to upcoming earnings season and central bank decisions, which could test the market's momentum.

Expired SPY Weekly outlook. 4th WK SEP 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 568.25
This Week Target Price: 571
Strike Price: 574.02 on SEP 26, 2024
Upper Range: 580
Lower Range: 563

Expired BTC.USD Weekly outlook. 4th WK SEP 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 63,000.93
This Week Target Price: 64,355
Strike Price: 64,661 on SEP 22, 2024
Upper Range: 67,438
Lower Range: 61,271

Expired GLD Weekly outlook. 4th WK SEP 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 242.21
This Week Target Price: 243
Strike Price: 247.34 on SEP 26, 2024
Upper Range: 247
Lower Range: 239

Expired SPY Weekly outlook. 4th WK SEP 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 568.25
This Week Target Price: 571
Strike Price: 574.02 on SEP 26, 2024

Expired BTC.USD Weekly outlook. 4th WK SEP 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 63,000.93
This Week Target Price: 64,355
Strike Price: 64,661 on SEP 22, 2024

Expired GLD Weekly outlook. 4th WK SEP 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 242.21
This Week Target Price: 243
Strike Price: 247.34 on SEP 26, 2024

3rd SEP 2024 Report Results

Markets rebounded strongly in the third week of September, as risk appetite returned. The SPY weekly outlook expired bullish, hitting its target price of $565, with a closing price of $561.96. Bitcoin also surged, with the BTC.USD weekly outlook striking at $62,501, above its target price of $61,699. Meanwhile, gold prices shone, with the GLD weekly outlook hitting its target price of $240, closing at $238.65. This trifecta of bullishness suggests renewed optimism among investors, with key levels to watch including the SPY's upper range of $587 and lower range of $541, Bitcoin's upper range of $64,783 and lower range of $58,616, and gold's upper range of $250 and lower range of $229. As momentum builds, investors will be keen to see if this upward trend continues into the final week of September.

Expired SPY Weekly outlook. 3rd WK SEP 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 561.96
This Week Target Price: 564
Strike Price: 565.97 on SEP 17, 2024

Upper Range: 587
Lower Range: 541

Expired BTC.USD Weekly outlook. 3rd WK SEP 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 60,579
This Week Target Price: 61,699
Strike Price: 62,501 on SEP 18, 2024

Upper Range: 64,783
Lower Range: 58,616

Expired GLD Weekly outlook. 3rd WK SEP 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 238.65
This Week Target Price: 240
Strike Price: 242.32 on SEP 20, 2024

Upper Range: 250
Lower Range: 229

Expired SPY Weekly outlook. 3rd WK SEP 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 561.96
This Week Target Price: 564
Strike Price: 565.97 on SEP 17, 2024

Expired BTC.USD Weekly outlook. 3rd WK SEP 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 60,579
This Week Target Price: 61,699
Strike Price: 62,501 on SEP 18, 2024

Expired GLD Weekly outlook. 3rd WK SEP 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 238.65
This Week Target Price: 240
Strike Price: 242.32 on SEP 20, 2024

2nd SEP 2024 Report Results

The second week of September saw markets retreat from recent gains, as risk-off sentiment took hold. The SPY weekly outlook expired bearish but missed its target price, closing at $540.36, above the anticipated $538. In contrast, Bitcoin's bearish sentiment proved accurate, with the BTC.USD weekly outlook hitting its target price of $55,375, striking at $55,583. Meanwhile, gold prices held steady, with the GLD weekly outlook expiring neutral and hitting its target price of $230.53. As investors assess the market's direction, key levels to watch include the SPY's upper range of $549 and lower range of $526, Bitcoin's upper range of $64,217 and lower range of $46,534, and gold's upper range of $234 and lower range of $227. The mixed performance underscores ongoing uncertainty, highlighting the need for cautious investment strategies amidst lingering economic concerns.

Expired SPY Weekly outlook. 2nd WK SEP 2024
> BEARISH 📉 MISS
Prior Week Closed Price: 540.36
This Week Target Price: 538

Upper Range: 549
Lower Range: 526

Expired BTC.USD Weekly outlook. 2nd WK SEP 2024
> BEARISH 📉 HIT
Prior Week Closed Price: 56,162
This Week Target Price: 55,375
Strike Price: 55,583 on SEP 11, 2024

Upper Range: 64,217
Lower Range: 46,534

Expired GLD Weekly outlook. 2nd WK SEP 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 230.63
This Week Target Price: 230
Strike Price: 230.53 on SEP 9, 2024

Upper Range: 234
Lower Range: 227

Expired SPY Weekly outlook. 2nd WK SEP 2024
> BEARISH 📉 MISS
Prior Week Closed Price: 540.36
This Week Target Price: 538

Expired BTC.USD Weekly outlook. 2nd WK SEP 2024
> BEARISH 📉 HIT
Prior Week Closed Price: 56,162
This Week Target Price: 55,375
Strike Price: 55,583 on SEP 11, 2024

Expired GLD Weekly outlook. 2nd WK SEP 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 230.63
This Week Target Price: 230
Strike Price: 230.53 on SEP 9, 2024

1st SEP 2024 Report Results

The first week of September saw a mixed start to the month, as markets navigated a complex web of trends. The SPY weekly outlook expired bullish but missed its target price, closing at $563, below the anticipated $564.94. In contrast, Bitcoin's bullish sentiment proved accurate, with the BTC.USD weekly outlook hitting its target price of $60,388, striking at $60,185. Meanwhile, gold prices held steady, with the GLD weekly outlook expiring neutral and hitting its target price of $231. As investors look ahead, key levels to watch include the SPY's upper range of $576 and lower range of $553, Bitcoin's upper range of $67,820 and lower range of $52,956, and gold's upper range of $235 and lower range of $227. This varied performance across equity, cryptocurrency, and precious metal markets underscores the intricate interplay of global economic factors, monetary policies, and sector-specific dynamics shaping investor sentiment as the autumn trading season begins. The divergent paths of these markets underscore the ongoing uncertainty and highlight the need for cautious investment strategies as the quarter draws to a close.

Expired SPY Weekly outlook. 1st WK SEP 2024
> BULLISH 📈 MISS
Prior Week Closed Price: 563
This Week Target Price: 564.94

Upper Range: 576
Lower Range: 553

Expired BTC.USD Weekly outlook. 1st WK SEP 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 57,281
This Week Target Price: 60,388
Strike Price: 60,185 on SEP 3, 2024

Upper Range: 67,820
Lower Range: 52,956

Expired GLD Weekly outlook. 1st WK SEP 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 231
This Week Target Price: 231
Strike Price: 231 on SEP 5, 2024

Upper Range: 235
Lower Range: 227

Expired SPY Weekly outlook. 1st WK SEP 2024
> BULLISH 📈 MISS
Prior Week Closed Price: 563
This Week Target Price: 564.94

Expired BTC.USD Weekly outlook. 1st WK SEP 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 57,281
This Week Target Price: 60,388
Strike Price: 60,185 on SEP 3, 2024

Expired GLD Weekly outlook. 1st WK SEP 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 231
This Week Target Price: 231
Strike Price: 231 on SEP 5, 2024

4th AUG 2024 Report Results

Market Sentiment Mixed as Asset Classes Diverge in Fourth Week of August 2024

The fourth week of August 2024 presented a nuanced picture across major asset classes, confounding some market expectations. It was a mixed bag of results, as markets navigated a complex landscape. The SPDR S&P 500 ETF (SPY) fell short of its bullish outlook, closing at $564 and missing its $566 target, though remaining within the projected $556-$575 range. In contrast, cryptocurrency markets saw significant volatility, with Bitcoin (BTC.USD) validating bearish predictions by plummeting to $58,211 on August 27th, well below its prior week close of $64,511. The precious metals market, represented by the SPDR Gold Shares ETF (GLD), demonstrated remarkable stability, hitting its neutral forecast with precision as it closed at $232.02, mere cents from its $232 target. Analysts attribute these divergent trends to shifting global economic indicators, geopolitical tensions, and sector-specific factors, emphasising the importance of a diversified investment approach in navigating current market complexities. The divergent paths of these markets underscore the ongoing uncertainty and highlight the need for cautious investment strategies.

Expired SPY Weekly outlook. 4th WK AUG 2024
> BULLISH 📈 INCORRECT
Prior Week Closed Price: 562.13
This Week Target Price: 566

Upper Range: 575
Lower Range: 556

Expired BTC.USD Weekly outlook. 4th WK AUG 2024
> BEARISH 📉 HIT
Prior Week Closed Price: 64,511
This Week Target Price: 60,936
Strike Price: 58,211 on AUG 27, 2024

Upper Range: 68,368
Lower Range: 53,503

Expired GLD Weekly outlook. 4th WK AUG 2024
> NEUTRAL 📊 CORRECT
Prior Week Closed Price: 232.02
This Week Target Price: 232
Strike Price: 232.01 on AUG 27, 2024

Upper Range: 236
Lower Range: 229

Expired SPY Weekly outlook. 4th WK AUG 2024
> BULLISH 📈 MISS
Prior Week Closed Price: 562.13
This Week Target Price: 566

Expired BTC.USD Weekly outlook. 4th WK AUG 2024
> BEARISH 📉 HIT
Prior Week Closed Price: 64,511
This Week Target Price: 60,936
Strike Price: 58,211 on AUG 27, 2024

Expired GLD Weekly outlook. 4th WK AUG 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 232.02
This Week Target Price: 232
Strike Price: 232.01 on AUG 27, 2024

3rd AUG 2024 Report Results

Global Markets Surge as Key Assets Exceed Expectations in Third Week of August 2024

Investors were buoyed by a string of bullish outcomes in major asset classes during the third week of August, as leading exchange-traded funds exceeded their projected price targets. The SPDR S&P 500 ETF (SPY) closed the week at $554.31, surpassing its $559.79 target and reaching a strike price of $562.72 on August 22nd. Bitcoin also outperformed, with the BTC.USD pair closing at $59,054 and reaching a high of $61,819 on August 21st, comfortably within its $54,072-$66,800 upper and lower range. Even the SPDR Gold Shares ETF (GLD) managed to break above its $233.66 target, closing the week at $231.99 and hitting a strike of $234.01 on August 20th. Analysts cited resilient consumer demand, easing inflationary pressures, and a dovish tilt from global central banks as key drivers behind the broad-based advances across equities, crypto, and commodities. As momentum builds, investors will be keen to see if this upward trend continues into the final week of August.

Expired SPY Weekly outlook. 3rd WK AUG 2024
> BULLISH 📈 CORRECT
Prior Week Closed Price: 554.31
This Week Target Price: 559.79
Strike Price: 562.72 on AUG 22, 2024

Upper Range: 569.59
Lower Range: 549.99

Expired BTC.USD Weekly outlook. 3rd WK AUG 2024
> BULLISH 📈 CORRECT
Prior Week Closed Price: 59,054
This Week Target Price: 60,436
Strike Price: 61,819 on AUG 21, 2024

Upper Range: 66,800
Lower Range: 54,072

Expired GLD Weekly outlook. 3rd WK AUG 2024
> BULLISH 📈 CORRECT
Prior Week Closed Price: 231.99
This Week Target Price: 233.66
Strike Price: 234.01 on AUG 20, 2024

Upper Range: 236.72
Lower Range: 230.59

Expired SPY Weekly outlook. 3rd WK AUG 2024
> BULLISH 📈 CORRECT
Prior Week Closed Price: 554.31
This Week Target Price: 559.79
Strike Price: 562.72 on AUG 22, 2024

Expired BTC.USD Weekly outlook. 3rd WK AUG 2024
> BULLISH 📈 CORRECT
Prior Week Closed Price: 59,054
This Week Target Price: 60,436
Strike Price: 61,819 on AUG 21, 2024

Expired GLD Weekly outlook. 3rd WK AUG 2024
> BULLISH 📈 CORRECT
Prior Week Closed Price: 231.99
This Week Target Price: 233.66
Strike Price: 234.01 on AUG 20, 2024

2nd AUG 2024 Report Results

The second week of August saw a downturn in market sentiment, with both the SPY and BTC.USD weekly outlooks expiring bearish. The SPY fell to $531.00, marginally above the strike price of $530.95, while Bitcoin plummeted to $60,378, significantly above the strike price of $56,797. In contrast, gold prices failed to meet expectations, with the GLD weekly outlook expiring neutral but incorrect, closing at $224.56, narrowly above the target price of $224.52. The notable upper and lower ranges for the week, $674.90 and $387.10 for the SPY, $64,931 and $55,825 for Bitcoin, and $228.53 and $220.51 for gold, highlight the market's volatility. Investors will be watching closely to see if this bearish trend continues into next week.

Expired SPY Weekly outlook. 2nd WK AUG 2024
> BEARISH 📉 CORRECT
Prior Week Closed Price: 532.99

This Week Target Price: 531.00
Strike Price: 530.95 on AUG 12, 2024

Upper Range: 674.90
Lower Range: 387.10

Expired BTC.USD Weekly outlook. 2nd WK AUG 2024
> BEARISH 📉 CORRECT
Prior Week Closed Price: 61,647

This Week Target Price: 60,378
Strike Price: 56,797 on AUG 15, 2024

Upper Range: 64,931
Lower Range: 55,825

Expired GLD Weekly outlook. 2nd WK AUG 2024
> NEUTRAL 📊 INCORRECT

Prior Week Closed Price: 224.56
This Week Target Price: 224.52

Upper Range: 228.53
Lower Range: 220.51

Expired SPY Weekly outlook. 2nd WK AUG 2024
> BEARISH 📉 CORRECT
Prior Week Closed Price: 532.99
This Week Target Price: 531.00
Strike Price: 530.95 on AUG 12, 2024

Expired BTC.USD Weekly outlook. 2nd WK AUG 2024
> BEARISH 📉 CORRECT
Prior Week Closed Price: 61,647
This Week Target Price: 60,378
Strike Price: 56,797 on AUG 15, 2024

Expired GLD Weekly outlook. 2nd WK AUG 2024
> NEUTRAL 📊 INCORRECT
Prior Week Closed Price: 224.56
This Week Target Price: 224.52

1st AUG 2024 Report Results

The first week of August saw a muted start to the month, with neutral sentiment prevailing in the SPY and BTC.USD weekly outlooks. The SPY expired neutral, closing at $532.90, marginally above the target price of $532.25, while the BTC.USD also ended neutral, closing at $61,418, slightly above the target price of $61,231. However, gold prices failed to live up to expectations, with the GLD weekly outlook expiring bullish but incorrect, closing at $225.34, below the target price of $226.30. This unexpected turn in gold may spark investor interest, particularly given the notable upper range of $229.94 and lower range of $222.66. Meanwhile, the SPY's upper range of $540.65 and lower range of $523.85, and Bitcoin's upper range of $65,220 and lower range of $57,243, will be key levels to watch in the coming week.

Expired SPY Weekly outlook. 1st WK AUG 2024
> NEUTRAL 📊 CORRECT
Prior Week Closed Price: 532.90
Target Price: 532.25
Strike Price: 532.72 on AUG 9, 2024

Upper Range: 540.65
Lower Range: 523.85

Expired BTC.USD Weekly outlook. 1st WK AUG 2024
> NEUTRAL 📊 CORRECT
Prior Week Closed Price: 61,418
Target Price: 61,231
Strike Price: 61,216 on AUG 9, 2024

Upper Range: 65,220
Lower Range: 57,243

Expired GLD Weekly outlook. 1st WK AUG 2024
> BULLISH 📈 INCORRECT
Prior Week Closed Price: 225.34
Target Price: 226.30

Upper Range: 229.94
Lower Range: 222.66

Expired SPY Weekly outlook. 1st WK AUG 2024
> NEUTRAL 📊 CORRECT
Prior Week Closed Price: 532.90
Target Price: 532.25
Strike Price: 532.72 on AUG 9, 2024

Expired BTC.USD Weekly outlook. 1st WK AUG 2024
> NEUTRAL 📊 CORRECT
Prior Week Closed Price: 61,418
Target Price: 61,231
Strike Price: 61,216 on AUG 9, 2024

Expired GLD Weekly outlook. 1st WK AUG 2024
> BULLISH 📈 INCORRECT
Prior Week Closed Price: 225.34
Target Price: 226.30

5th JULY 2024 Report Results

As July drew to a close, market sentiment remained mixed. The SPY weekly outlook expired neutral for the second consecutive week, closing at $544.44, marginally above the target price of $543, with a notable divergence from the strike price of $529.15. In contrast, Bitcoin's bullish momentum persisted, with the BTC.USD weekly outlook expiring at $65,884, shy of the target price of $66,938 but significantly below the strike price of $69,979. Meanwhile, gold prices continued to trade sideways, with the GLD weekly outlook expiring neutral at $220.63, in line with the target price. As investors look to August, key levels to watch include the SPY's upper range of $552 and lower range of $535, Bitcoin's upper range of $70,491 and lower range of $63,385, and gold's upper range of $224 and lower range of $216.

Expired SPY Weekly outlook. 5th WK JULY 2024
> NEUTRAL 📊 CORRECT
Prior Week Closed Price: 544.44
Target Price: 543
Strike Price: 529.15 on AUG 2, 2024

Upper Range: 552
Lower Range: 535

Expired BTC.USD Weekly outlook. 5th WK JULY 2024
> BULLISH 📈 CORRECT
Prior Week Closed Price: 65,884
Target Price: 66,938
Strike Price: 69,979 on JULY 30, 2024

Upper Range: 70,491
Lower Range: 63,385

Expired GLD Weekly outlook. 5th WK JULY 2024
> NEUTRAL 📊 CORRECT
Prior Week Closed Price: 220.63
Target Price: 220
Strike Price: 219.08 on JULY 29, 2024

Upper Range: 224
Lower Range: 216

Expired SPY Weekly outlook. 5th WK JULY 2024
> NEUTRAL 📊 CORRECT
Prior Week Closed Price: 544.44
Target Price: 543
Strike Price: 529.15 on AUG 2, 2024

Expired BTC.USD Weekly outlook. 5th WK JULY 2024
> BULLISH 📈 CORRECT
Prior Week Closed Price: 65,884
Target Price: 66,938
Strike Price: 69,979 on JULY 30, 2024

Expired GLD Weekly outlook. 5th WK JULY 2024
> NEUTRAL 📊 CORRECT
Prior Week Closed Price: 220.63
Target Price: 220
Strike Price: 219.08 on JULY 29, 2024

4th JULY 2024 Report Results

The fourth week of July saw mixed results in key markets. The SPY weekly outlook expired neutral, closing at $548.99, in line with the target price of $548. Meanwhile, Bitcoin's bullish trend continued, with the BTC.USD weekly outlook expiring at $69,494, surpassing the strike price of $69,404. In contrast, gold prices remained stable, with the GLD weekly outlook expiring neutral at $222, matching the target price. Market participants will be watching closely to see if these trends continue in the coming week, with the SPY's upper range of $571 and lower range of $526, Bitcoin's upper range of $74,325 and lower range of $64,663, and gold's upper range of $226 and lower range of $219, providing key levels to monitor.

Expired SPY Weekly outlook. 4th WK JULY 2024
> NEUTRAL 📊 CORRECT
Prior Week Closing Price: 548.99
Target Price: 548
Strike Price: 548 on JULY 24, 2024

Upper Range: 571
Lower Range: 526

Expired BTC.USD Weekly outlook. 4th WK JULY 2024
> BULLISH 📈 CORRECT
Prior Week Closing Price: 66,707
Target Price: 69,494
Strike Price: 69,404 on JULY 27, 2024

Upper Range: 74,325
Lower Range: 64,663

Expired GLD Weekly outlook. 4th WK JULY 2024
> NEUTRAL 📊 CORRECT
Prior Week Closing Price: 221.73
Target Price: 222
Strike Price: 222 on JULY 23, 2024

Upper Range: 226
Lower Range: 219

Expired SPY Weekly outlook. 4th WK JULY 2024
> NEUTRAL 📊 CORRECT
Prior Week Closing Price: 548.99
Target Price: 548
Strike Price: 548 on JULY 24, 2024

Expired BTC.USD Weekly outlook. 4th WK JULY 2024
> BULLISH 📈 CORRECT
Prior Week Closing Price: 66,707
Target Price: 69,494
Strike Price: 69,404 on JULY 27, 2024

Expired GLD Weekly outlook. 4th WK JULY 2024
> NEUTRAL 📊 CORRECT
Prior Week Closing Price: 221.73
Target Price: 222
Strike Price: 222 on JULY 23, 2024

2nd JULY 2024 Report Results

Market analysis for the second week of July 2024 has yielded mixed results. The SPY weekly outlook expired with a bullish sentiment, having accurately predicted a target price of 556, with a strike price of 557.18 on July 9. In contrast, the BTC.USD weekly outlook took a bearish turn, correctly forecasting a target price of 55,630, with a strike price of 54,567 on July 7. Meanwhile, the GLD weekly outlook expired with a bullish sentiment, accurately predicting a target price of 223, with a strike price of 224.15 on July 11. These developments reflect the complex dynamics at play in the markets, with investors advised to remain vigilant and adapt their strategies accordingly.

Tier 1. Expired Weekly outlook. 2nd WK JULY 2024

SPY: BULLISH 📈 CORRECT
Previous Week Closed Price: 554.64
Target Price: 556
Strike Price: 557.18 on JULY 9, 2024
Upper Range: 572
Lower Range: 541

BTC.USD: BEARISH 📉 CORRECT
Previous Week Closed Price: 56,660
Target Price: 55,630
Strike Price: 54,567 on JULY 7, 2024
Upper Range: 59,745
Lower Range: 51,515

GLD: BULLISH 📈 CORRECT
Previous Week Closed Price: 220.93
Target Price: 223
Strike Price: 224.15 on JULY 11, 2024
Upper Range: 226
Lower Range: 221

Expired SPY Weekly outlook. 2nd WK JULY 2024
> BULLISH 📈 CORRECT
Closed Price: 554.64
Target Price: 556 | Strike Price: 557.18 on JULY 9, 2024

Expired BTC.USD Weekly outlook. 2nd WK JULY 2024
> BEARISH 📉 CORRECT
Closed Price: 56,660
Target Price: 55,630 | Strike Price: 54,567 on JULY 7, 2024

Expired GLD Weekly outlook. 2nd WK JULY 2024
> BULLISH 📈 CORRECT
Closed Price: 220.93
Target Price: 223 | Strike Price: 224.15 on JULY 11, 2024