TVC:DJI   Dow Jones Industrial Average Index
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 885.94 points/ticks/pips. Prices are currently 2x the normal trading range.
Prices are currently caught in consolidation between 29881.8 and 31272.2.
While in consolidation the trade range may decrease to 546.93 points/ticks/pips.


Standard Deviation
Weekly: Standard deviation suggests a range from 29751.4 to 32242.6 for the following week.

Calculated Price Strength:
The strength of the trend in conjunction with specific averages.
News announcements can change the strength and directional attitude.
Weekly: Trend strength suggests trading between a range of 30449.49 to 31544.51 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 31438
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 entries.

Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bullish - Open directional trades

Disclaimer

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