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 7.05 points/ticks/pips. Prices are currently .72x 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 10.27 and 33.29.
While in consolidation the trade range may decrease to 4.326 points/ticks/pips.
Standard Deviation
Weekly: Standard deviation suggests a range from 13.03 to 46.55 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 25.43 to 34.15 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 first toward 37.03 before moving toward
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.
Indicators Summary.
A collection of technical indicators whose directional attitude has been summarized.
Weekly: Out of the cumulative indicators monitored, 45.45% are bullish, 27.27% are bearish, 27.27% are neutral
The CCI indicator trading strategy suggest the following:
Weekly: Strongly bearish - 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.
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 7.05 points/ticks/pips. Prices are currently .72x 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 10.27 and 33.29.
While in consolidation the trade range may decrease to 4.326 points/ticks/pips.
Standard Deviation
Weekly: Standard deviation suggests a range from 13.03 to 46.55 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 25.43 to 34.15 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 first toward 37.03 before moving toward
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.
Indicators Summary.
A collection of technical indicators whose directional attitude has been summarized.
Weekly: Out of the cumulative indicators monitored, 45.45% are bullish, 27.27% are bearish, 27.27% are neutral
The CCI indicator trading strategy suggest the following:
Weekly: Strongly bearish - 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.