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Aug 8th 2021

The indices finished the week on a positive note. Bitcoin and ethereum both saw significant gains, with bitcoin closing up more than 16% and ethereum up 26%. The much-anticipated infrastructure bill is expected to clarify crypto tax reporting and possibly define near-term volatility.

$SPY (S&P 500)

$SPY continues to remain…

July 18th 2021

Inflation fears resurfaced in the markets this week, causing increased volatility and major indexes to close lower. The growth stocks were down by more than 5% for the week. The price of major cryptocurrencies has remained flat, with no significant movement.

$SPY (S&P 500)

$SPY came under selling pressure and…

In the short trading week, markets continued to set new all-time highs, while Bitcoin and Ethereum remained sideways to negative.

$SPY (S&P 500)

$SPY began the week with some weakness before reversing sharply to close at an all-time high. The RAFA trend scores are in favor of the bulls. …

Markets reversed course from last week’s lows, closing near all-time highs. Bitcoin and Ethereum were still in the red, down 8%.

$SPY (S&P 500)

Last week, $SPY staged a major reversal, breaking below a key trendline and immediately rising above it to set a new all-time high. Early in the week, RAFA trend…

On the heels of the hawkish Fed, the markets went on a roller coaster ride, with all major indexes finishing sharply lower and losing $2.3 trillion globally. The markets have drifted lower and closed below many key technical levels as a result of this selloff.

$SPY (S&P 500)

$SPY finished the week with…

This week, S&P500 made a new all-time high and closed for the week positive. Also during the week, cryptocurrencies stabilized. Here’s a summary of the market indices:

$SPY (S&P 500)

$SPY closed at a new all-time high of 424.31. We noted the RAFA’s trend and risk scores pointing to further gains in last…

The stock market finished the week on a positive note. Cryptocurrencies have remained in a downtrend. Here is the consolidated view of the market indices:

$SPY (S&P 500)

On the back of the job report, the rounded top in $SPY was negated early Friday, with the markets pushing higher on the expectation of…

Stocks ended the week on a positive note, closing in the green. While the technology and growth indices were strong, cryptocurrencies remained weak. Here is the consolidated view of the market indices:

$SPY (S&P 500)

The $SPY RAFA trend indicator has remained green for the past 7 days, and the price is approaching…

The stock market was still under selling pressure at the conclusion of the week, and it finished flat. Cryptocurrencies continued showing major weakness and ended the week substantially lower. Here is the consolidated view of the market indices:

$SPY (S&P 500)

$SPY rebounded after retesting the channel’s bottom after remaining in the uptrend…

Markets were under selling pressure and dropped through the week. Technology and Growth continued to show relative weakness. Bitcoin and Ethereum saw steep declines. Here is the consolidated view of the market indices:

$SPY (S&P 500)

During the week, $SPY fell substantially lower and retested the 407 level, which RAFA has identified as…


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