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
