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 73.78 points/ticks/pips. Prices are currently 1.32x 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 1658.10 and 1765.3.
While in consolidation the trade range may decrease to 45.114 points/ticks/pips.
Standard Deviation
Weekly: Standard deviation suggests a range from 1667.89 to 1800.71 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 1734.60 to 1808.38 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 1773.44
If strength and attitude continue, it could take between 2 to 4 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, 100.00% are bullish, 0.00% are bearish, 0.00% are neutral
The CCI indicator trading strategy suggest the following:
Weekly: Very strongly bullish - long reentries.
Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bullish - Open directional trades
Suggested stops based on long positions on weekly chart:
SAR value at: 1535.29
In consolidation and bullish (Consolidation Low - (ATR * .5)): 1621.21
Close - (ATR * 1.5) at: 1623.92
SMA 13 at: 1659.56
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 73.78 points/ticks/pips. Prices are currently 1.32x 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 1658.10 and 1765.3.
While in consolidation the trade range may decrease to 45.114 points/ticks/pips.
Standard Deviation
Weekly: Standard deviation suggests a range from 1667.89 to 1800.71 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 1734.60 to 1808.38 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 1773.44
If strength and attitude continue, it could take between 2 to 4 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, 100.00% are bullish, 0.00% are bearish, 0.00% are neutral
The CCI indicator trading strategy suggest the following:
Weekly: Very strongly bullish - long reentries.
Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bullish - Open directional trades
Suggested stops based on long positions on weekly chart:
SAR value at: 1535.29
In consolidation and bullish (Consolidation Low - (ATR * .5)): 1621.21
Close - (ATR * 1.5) at: 1623.92
SMA 13 at: 1659.56