In the second week of June 2024, the market displayed mixed sentiments. The SPY weekly outlook presented a neutral stance, market close from the previous week at 534.01. The forecast was correct with the target price of 536, hitting the strike price of 543.92. The upper range of 544 was within reach, while the lower range of 527 provided support. In contrast, the BTC.USD weekly outlook's bullish prediction proved incorrect, as the market fell short of the target price of 71,895 while it has went higher from the previous week closed price of 70,769 accurately predicting the bullish sentiment. Meanwhile, the GLD weekly outlook's neutral prediction also missed the mark, with the target price of 211 from the previous week's closed price of 211.60.
Expired SPY Weekly outlook. 2nd WK JUNE 2024
> NEUTRAL 📊 CORRECT
Previous Week Closed Price: 534.01
Target Price: 536 | Strike Price: 543.92 JUNE12 24'
Upper Range: 544
Lower Range: 527
Expired BTC.USD Weekly outlook. 2nd WK JUNE 2024
> BULLISH 📈 INCORRECT
Previous Week Closed Price: 70,769
Target Price: 71,895
Upper Range: 87,841
Lower Range: 55,949
Expired GLD Weekly outlook. 2nd WK JUNE 2024
> NEUTRAL 📊 INCORRECT
Previous Week Closed Price: 211.60
Target Price: 211
Upper Range: 215
Lower Range: 207
Expired SPY Weekly outlook. 2nd WK JUNE 2024
> NEUTRAL 📊
Previous Week Closed Price: 534.01
Target Price: 536
Expired BTC.USD Weekly outlook. 2nd WK JUNE 2024
> BULLISH 📈
Previous Week Closed Price: 70,769
Target Price: 71,895
Expired GLD Weekly outlook. 2nd WK JUNE 2024
> NEUTRAL 📊
Previous Week Closed Price: 211.60
Target Price: 211