My Thoughts on Current Markets

The upward movement in Dow Jones continues. It continues its upward movement by receiving a reaction from the supports. Here, especially the 40000 levels are psychologically important levels ahead. We may see a correction in the short term, and in the first stage, the support level of the correction will be 38300. Afterwards, of course, our main support level is 38000. As long as 38000 is not broken, upward movements on the Dow Jones side will continue to be supported. This is clearly seen. Considering that there is almost no possibility of an interest rate increase in March, we can interpret this development as if we are not selling, it is still preferred to buy in a positive direction, it is preferred to think, and the situation clearly shows this. The level reached by both tracker and Bollinger is 38000. I can say that it is still useful to wait for upward movements on the Dow Jones side as long as 38000 is not broken.

Dax side is a bit weak. Frankly, it is having difficulty staying above 17000. Okay, we are closing, but we cannot see a rapid upward movement. We made the 17100 - 17200 region resistance in the short term. As long as we cannot overcome this region, we will continue the sawing movement for a while. In the saw movement, 16800 can be determined below and 17200 above. We can state that the continuation of the up-and-down movement and the saw movement can be expected in this range, as long as the 17200s above and the 16800s below are not broken, on the dax side.
If the gold process continues like this, we can take this to the 2040 - 2070 region or even the 2080s. Because Bollinger reached these levels. We can state that unless the 2040 - 2080 range above and the 1970 - 2000 dollar range below are broken, this horizontal trend will continue for a while. Let us especially note that the main factor that will bring the acceleration in gold will be the clear talk of interest rate cuts. Unless we see this, I can state that we will continue to move somewhat horizontally.
Brent came back very quickly. When we look at the last 3 days, it jumped right above Bollinger. But unless we see bars independent of Bollinger, that is, unless we see bars that do not touch Bollinger, it is not a very clear sign of the start of a trend, which we did not see and quickly jumped on. All bars are touching. Afterwards, we quickly came down and pulled down to around $76. Here I will especially pay attention to $76 next week. If there is no closing under gold, we may again see a reaction towards the 78 - 80 - 82 band. But if closings begin to occur again below $76, we may see a retreat towards the 72 - 70 band. Bollinger works tremendously in both the upper and lower bands and the middle band. I use 250 bollinger. Let me state again that if you are trading on this side, you can evaluate it this way.
In the same way, we make a correction in Bitcoin when it touches the Bollinger upper band. We retreat until we follow the trail. Our track here passes through the 42300s. Below is 42300 bollinger upper band and 44100. It will rise up to 44300 next week. Unless we see a breakout in this range, downward pressure may increase unless we see an upward breakout. I can say that this will bring us back to 41000 - 39000 levels if the 42300s are broken. If we start to see closings on Bollinger above, I can say that the possibility of seeing a strong movement towards the 47750 band and the 50000 band will also increase on the bitcoin side.
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