priceprophet

WTI End Of Week Evaluation

TVC:USOIL   CFDs on WTI Crude Oil
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

Price Action:
Weekly: The average price range currently is points/ticks/pips. Prices are currently x 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 34.38 and 41.61.
While in consolidation the trade range may decrease to NaN points/ticks/pips.


Standard Deviation
Weekly: Standard deviation suggests a range from 30.19 to 50.97 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 40.57 to NaN 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 42.74
If strength and attitude continue, it could take between Infinity to Infinity 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, 60.00% are bullish, 0.00% are bearish, 40.00% are neutral

The CCI indicator trading strategy suggest the following:
Weekly: 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

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