*** Comments prior to evaluation summary ***
If we are truly in a trend switch - the SAR of 24764.8 would be a good entry for the bullish trend .
Trend Analysis:
The current trend is defined by the last price and it's relationship to specific moving averages.
Check the MA strategy for more specific suggestions.
Weekly: The relationship to the primary trend MA is bearish . The price in relationship to the other averages suggest close current positions.
Price Action:
Weekly: The average price range currently is 1472.3 points/ticks/pips. Prices are currently .5x the normal trading range. Prices are trading within the mean range for activity. This generally indicates a consolidation of strength/indecision in the market regarding direction.
Prices are currently caught in consolidation between 18213.7 and 26758.6.
While in consolidation the trade range may decrease to 909.696 points/ticks/pips.
Standard Deviation
Weekly: Standard deviation suggests a range from 20628.3 to 26819 for the following week.
Calculated Price Strength:
The strength of the trend in conjunction with specific averages
Weekly: Trend strength suggests a trade range of 23421.42 to 25241.18 for the following week.
Price Projection:
The price action has generated a projection signal for the underlying.
Weekly: Price currently displays (if strength and attitude continue) a desire to move toward 24790.7
If strength and attitude continue, it could take between 1 to 2 trade periods (weeks) to reach the projection.
Indicators Summary.
A collection of technical indicators whose directional attitude has been summarized.
Weekly: Out of the cumulative indicators monitored, 36.36% are bullish , 36.36% are bearish , 27.27% are neutral
The CCI indicator trading strategy suggest the following:
Weekly: Bearish - cover shorts.
Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bearish - Close/Cover directional trades, profit taking/trend switch in process.
Suggested stops base on weekly chart:
SAR value at: 24764.80
In consolidation and bearish (Consolidation High + (ATR * .5)): 26758.67
Close - (ATR * 1.5) at: 24331.32208.45
If we are truly in a trend switch - the SAR of 24764.8 would be a good entry for the bullish trend .
Trend Analysis:
The current trend is defined by the last price and it's relationship to specific moving averages.
Check the MA strategy for more specific suggestions.
Weekly: The relationship to the primary trend MA is bearish . The price in relationship to the other averages suggest close current positions.
Price Action:
Weekly: The average price range currently is 1472.3 points/ticks/pips. Prices are currently .5x the normal trading range. Prices are trading within the mean range for activity. This generally indicates a consolidation of strength/indecision in the market regarding direction.
Prices are currently caught in consolidation between 18213.7 and 26758.6.
While in consolidation the trade range may decrease to 909.696 points/ticks/pips.
Standard Deviation
Weekly: Standard deviation suggests a range from 20628.3 to 26819 for the following week.
Calculated Price Strength:
The strength of the trend in conjunction with specific averages
Weekly: Trend strength suggests a trade range of 23421.42 to 25241.18 for the following week.
Price Projection:
The price action has generated a projection signal for the underlying.
Weekly: Price currently displays (if strength and attitude continue) a desire to move toward 24790.7
If strength and attitude continue, it could take between 1 to 2 trade periods (weeks) to reach the projection.
Indicators Summary.
A collection of technical indicators whose directional attitude has been summarized.
Weekly: Out of the cumulative indicators monitored, 36.36% are bullish , 36.36% are bearish , 27.27% are neutral
The CCI indicator trading strategy suggest the following:
Weekly: Bearish - cover shorts.
Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bearish - Close/Cover directional trades, profit taking/trend switch in process.
Suggested stops base on weekly chart:
SAR value at: 24764.80
In consolidation and bearish (Consolidation High + (ATR * .5)): 26758.67
Close - (ATR * 1.5) at: 24331.32208.45
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.