The first week of June 2024 saw a prevailing neutral sentiment in the markets, with a notable accuracy in predictions. The SPY weekly outlook correctly anticipated a neutral trend, closing at 527.60, in line with the target price of 527, which was slightly below the strike price of 528.72 which should have provided greater return for some members. The upper range of 535 and lower range of 519 provided a clear channel for the asset's price action. Similarly, the BTC.USD weekly outlook's neutral prediction proved correct, with a closed price of 68,574, closely aligning with the target price of 68,547, and well below the strike price of 70,075. Meanwhile, the GLD weekly outlook also accurately predicted a neutral trend, closing at 215.32, slightly above the target price of 214, and notably above the strike price of 211.54, with a range of 218 to 211.
Expired SPY Weekly outlook. 1st WK JUNE 2024
> NEUTRAL 📊 CORRECT
Previous Week Closed Price: 527.60
Target Price: 527 | Strike Price: 528.72 JUNE4 24'
Upper Range: 535
Lower Range: 519
Expired BTC.USD Weekly outlook. 1st WK JUNE 2024
> NEUTRAL 📊 CORRECT
Previous Week Closed Price: 68,574
Target Price: 68,547 | Strike Price: 70,075 JUNE3 24'
Upper Range: 75,087
Lower Range: 62,008
Expired GLD Weekly outlook. 1st WK JUNE 2024
> NEUTRAL 📊 CORRECT
Previous Week Closed Price: 215.32
Target Price: 214 | Strike Price: 211.54 JUNE7 24'
Upper Range: 218
Lower Range: 211
SPY Weekly outlook. 1st WK JUNE 2024
> NEUTRAL 📊
Previous Week Closed Price: 527.60
Target Price: 527
BTC.USD Weekly outlook. 1st WK JUNE 2024
> NEUTRAL 📊
Previous Week Closed Price: 68,574
Target Price: 68,547
GLD Weekly outlook. 1st WK JUNE 2024
> NEUTRAL 📊
Previous Week Closed Price: 215.32
Target Price: 214