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 bullish. The price in relationship to the other averages suggest long positions
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 72.34 points/ticks/pips. Prices are currently 1.42x the normal trading range. Prices are trading within the mean range for activity. This generally indicates a healthy trading range.
Prices are currently caught in consolidation between 1609.11 and 1747.74.
While in consolidation the trade range may decrease to 44.496 points/ticks/pips.
Daily: The average price range currently is 34.10 points/ticks/pips. Prices are currently .41x 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 1670.43 and 1739.10.
While in consolidation the trade range may decrease to 21.012 points/ticks/pips.
Standard Deviation
Weekly: Standard deviation suggests a range from 1631.47 to 1764.96 for the following week.
Daily: Standard deviation suggests a range from 1668.59 to 1727.84 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 1662.05 to 1742.93 for the following week.
Daily: Trend strength suggests a trade range of 1677.15 to 1719.29 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 1675.99 before moving toward 1748.28
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 toward 1684.68
If strength and attitude continue, it could take between 1 to 2 trade periods (days) to reach the projection.
Indicators Summary.
A collection of technical indicators whose directional attitude has been summarized.
Weekly: Out of the cumulative indicators monitored, 100.00% are bullish, 0.00% are bearish, 0.00% are neutral
Daily: Out of the cumulative indicators monitored, 10.00% are bullish, 30.00% are bearish, 60.00% are neutral
The CCI indicator trading strategy suggest the following:
Weekly: Very strongly bullish - long reentries.
Daily: Neutral price action - No entries at this time. If in, consider covering..
Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bullish - Open directional trades
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 is taking too long/weakening. Cover your current trades but do not trade opposite the trend yet. Wait for confirmation of trend switch.
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 bullish. The price in relationship to the other averages suggest long positions
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 72.34 points/ticks/pips. Prices are currently 1.42x the normal trading range. Prices are trading within the mean range for activity. This generally indicates a healthy trading range.
Prices are currently caught in consolidation between 1609.11 and 1747.74.
While in consolidation the trade range may decrease to 44.496 points/ticks/pips.
Daily: The average price range currently is 34.10 points/ticks/pips. Prices are currently .41x 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 1670.43 and 1739.10.
While in consolidation the trade range may decrease to 21.012 points/ticks/pips.
Standard Deviation
Weekly: Standard deviation suggests a range from 1631.47 to 1764.96 for the following week.
Daily: Standard deviation suggests a range from 1668.59 to 1727.84 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 1662.05 to 1742.93 for the following week.
Daily: Trend strength suggests a trade range of 1677.15 to 1719.29 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 1675.99 before moving toward 1748.28
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 toward 1684.68
If strength and attitude continue, it could take between 1 to 2 trade periods (days) to reach the projection.
Indicators Summary.
A collection of technical indicators whose directional attitude has been summarized.
Weekly: Out of the cumulative indicators monitored, 100.00% are bullish, 0.00% are bearish, 0.00% are neutral
Daily: Out of the cumulative indicators monitored, 10.00% are bullish, 30.00% are bearish, 60.00% are neutral
The CCI indicator trading strategy suggest the following:
Weekly: Very strongly bullish - long reentries.
Daily: Neutral price action - No entries at this time. If in, consider covering..
Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bullish - Open directional trades
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 is taking too long/weakening. Cover your current trades but do not trade opposite the trend yet. Wait for confirmation of trend switch.