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 short positions
Price Action:
Weekly: The average price range currently is 3.69 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.
Prices are currently caught in consolidation between 37.30 and 43.75.
While in consolidation the trade range may decrease to 1.854 points/ticks/pips.
Standard Deviation
Weekly: Standard deviation suggests a range from 33.36 to 40.66 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 34.73 to 39.29 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 34.62
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, 18.18% are bullish, 54.55% are bearish, 27.27% are neutral
The CCI indicator trading strategy suggest the following:
Weekly: Strongly bearish - short entries.
Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bearish - Open directional trades
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 short positions
Price Action:
Weekly: The average price range currently is 3.69 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.
Prices are currently caught in consolidation between 37.30 and 43.75.
While in consolidation the trade range may decrease to 1.854 points/ticks/pips.
Standard Deviation
Weekly: Standard deviation suggests a range from 33.36 to 40.66 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 34.73 to 39.29 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 34.62
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, 18.18% are bullish, 54.55% are bearish, 27.27% are neutral
The CCI indicator trading strategy suggest the following:
Weekly: Strongly bearish - short entries.
Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bearish - Open directional trades