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 hold current position but prepare to close, ensure stops are placed.
Daily: The relationship to the primary trend MA is bullish. The price in relationship to the other averages suggest close current positions.
Price Action:
Weekly: The average price range currently is 158.25 points/ticks/pips. Prices are currently .48x 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 2191.86 and 2954.86.
While in consolidation the trade range may decrease to 97.644 points/ticks/pips.
Daily: The average price range currently is 58.16 points/ticks/pips. Prices are currently .56x 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.
Standard Deviation
Weekly: Standard deviation suggests a range from 2528.86 to 3144.64 for the following week.
Daily: Standard deviation suggests a range from 2715.98 to 2945.46 for the follow on trading day.
Calculated Price Strength:
The strength of the trend in conjunction with specific averages
Weekly: Trend strength suggests a trade range of 2732.92 to 2928.52 for the following week.
Daily: Trend strength suggests a trade range of 2794.78 to 2866.66 for the following day.
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 first toward 2748.37 before moving toward 2971.48
If strength and attitude continue, it could take between 1 - 2 trade periods (weeks) for the first projection and 1 - 2 to reach the second projection.
Daily: Price currently displays (if strength and attitude continue) a desire to move first toward 2801.38 before moving toward 2786.62
If strength and attitude continue, it could take between 1 - 2 trade periods (days) for the first projection and 1 - 2 to reach the second projection.
Indicators Summary.
A collection of technical indicators whose directional attitude has been summarized.
Weekly: Out of the cumulative indicators monitored, 45.45% are bullish, 18.18% are bearish, 36.36% are neutral
Daily: Out of the cumulative indicators monitored, 40.00% are bullish, 20.00% are bearish, 40.00% are neutral
The CCI indicator trading strategy suggest the following:
Weekly: Bearish - cover shorts.
Daily: Neutral price action - No entries at this time. If in, consider covering..
Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bearish - Close/Cover directional trades, profit taking/trend switch in process.
Daily Bullish - Close/Cover directional trades, profit taking/trend switch in process.
Moving Average Strategy
Strategy composed of 3 moving averages and prices interaction with the averages.
Daily: Consolidation has broken through the low. Take a short position with tighter stops (Consolidation Low + ATR) in place. This might be the start of a trend reversal - but again, it may not be.
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 hold current position but prepare to close, ensure stops are placed.
Daily: The relationship to the primary trend MA is bullish. The price in relationship to the other averages suggest close current positions.
Price Action:
Weekly: The average price range currently is 158.25 points/ticks/pips. Prices are currently .48x 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 2191.86 and 2954.86.
While in consolidation the trade range may decrease to 97.644 points/ticks/pips.
Daily: The average price range currently is 58.16 points/ticks/pips. Prices are currently .56x 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.
Standard Deviation
Weekly: Standard deviation suggests a range from 2528.86 to 3144.64 for the following week.
Daily: Standard deviation suggests a range from 2715.98 to 2945.46 for the follow on trading day.
Calculated Price Strength:
The strength of the trend in conjunction with specific averages
Weekly: Trend strength suggests a trade range of 2732.92 to 2928.52 for the following week.
Daily: Trend strength suggests a trade range of 2794.78 to 2866.66 for the following day.
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 first toward 2748.37 before moving toward 2971.48
If strength and attitude continue, it could take between 1 - 2 trade periods (weeks) for the first projection and 1 - 2 to reach the second projection.
Daily: Price currently displays (if strength and attitude continue) a desire to move first toward 2801.38 before moving toward 2786.62
If strength and attitude continue, it could take between 1 - 2 trade periods (days) for the first projection and 1 - 2 to reach the second projection.
Indicators Summary.
A collection of technical indicators whose directional attitude has been summarized.
Weekly: Out of the cumulative indicators monitored, 45.45% are bullish, 18.18% are bearish, 36.36% are neutral
Daily: Out of the cumulative indicators monitored, 40.00% are bullish, 20.00% are bearish, 40.00% are neutral
The CCI indicator trading strategy suggest the following:
Weekly: Bearish - cover shorts.
Daily: Neutral price action - No entries at this time. If in, consider covering..
Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bearish - Close/Cover directional trades, profit taking/trend switch in process.
Daily Bullish - Close/Cover directional trades, profit taking/trend switch in process.
Moving Average Strategy
Strategy composed of 3 moving averages and prices interaction with the averages.
Daily: Consolidation has broken through the low. Take a short position with tighter stops (Consolidation Low + ATR) in place. This might be the start of a trend reversal - but again, it may not be.
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.