Strategydb believe that standardized and repetitive analysis instills discipline in trading. Reports list major areas of interest that should be considered when performing technical analysis and / or creating a trading plan.
Market Mode of Behavior: ES : CME : 2980.75 : Macro: Eight specific set-ups that dictate the current trading strategy...
Currently, this market meets the Volatile Bull Mode criteria. Price is trending higher.
For the entire data set this market has been in Volatile Bull Mode 12.44% of the time.
The average number of bars spent in this Mode before transitioning normally = 13. Since the current number of bars in Mode = 14, this market may transition into a new behavior soon.
The average price growth during this behavior is approximately = 111.15. This is compared to the current price growth of 89.25. Based upon the closing price of the most recent bar, price growth has yet to be met.
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Transitions & Time: ES : CME : 2980.75 : Macro: Background on the current Mode of Behavior...
Transition from Medium Bear Mode occurred 14 bar(s) ago.
According to our signal logic, this transition occurred normally and triggered on the shortest time frame. This MBEVBU transition occurs very often.
Possessing knowledge of the preceding Mode of Behavior as well as the most likely subsequent Mode assists in executing current strategies, exits, and setups for the next trade.
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Standard Analysis: ES : CME : 2980.75 : Macro: A closer look at the current Mode of Behavior...
The current bar's close at 2980.75 demonstrates that prices should continue higher.
Cautionary price levels 4.11% below the market are outside the Average True Range price percentage window of 1.74%, currently lowering the short-term probability of transitioning out of Volatile Bull Mode.
The Average True Range price percentage window is simply a function of the 16 bar Average True Range, divided by the underlying's closing price of the last bar. Cautionary price levels are proprietary. Prices in this region indicate possible Mode transitions.
Volatility based on the 30 day standard deviation = 21.57%. Volatility based upon the 30 day Average True Range = 51.73 points, (based upon the underlying's price scale.)
The price change versus 1 week ago = 56.00. The price change versus 1 month ago = 56.00. The price change versus 1 year ago = 466.00.
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Advice: ES : CME : 2980.75 : Macro: Straight-forward wisdom on how to position for near-term profits...
Alert! Transactions in FOREX, Futures, and Stocks, carry a high degree of risk. No slippage or commissions are included here or in our Statistics tables. Your FCM will charge you a commission.
Range trade this market from the long side. Buy Dips. Do not trend trade. This Mode of Behavior is aptly named, so caution is advised here.
During Volatile Bull Mode medium time-frame traders disagree with short and long time-frame traders. Short-term banded ranges occur with a bullish slope. (+-+)
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Natural Attraction: ES : CME : 2980.75 : Macro: Expected tendencies and targets...
During Volatile Bull Mode prices should tend towards a point located at 3023.98.
A medium-term price structure located at 3023.98 is less than 1.5% away.
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Support & Resistance: ES : CME : 2980.75 : Macro: Specific trading levels or bands...
SPEEDVIEW TRADING WIDGET
A key level to watch, located at 2873.74 is exactly 107.01 points, or 3.6% away.
Trading Band6 Level = 3142.75
Trading Band5 Level = 3091.01
Trading Band4 Level = 3039.28
Trading Band3 Level = 2987.54
Trading Band2 Level = 2935.81
Trading Band1 Level = 2884.07
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Price Growth / Decay Projections: ES : CME : 2980.75 : Macro: Growth / decay projections...
Target#1=3015.21
Distance=34.46
Move=1.2%
Target#2=3163.21
Distance=182.46
Move=6.1%
Back to Top
Common Technicals: ES : CME : 2980.75 : Macro: Values for commonly used technical analysis indicators...
Macro = Daily Bars...
Momentum Indicators
09 Day RSI = 63.43
10 Day RSI = 61.90
14 Day RSI = 58.05
Moving Averages
003 Bar MA = 2963.75
004 Bar MA = 2949.31
005 Bar MA = 2944.40
008 Bar MA = 2925.50
010 Bar MA = 2914.28
014 Bar MA = 2915.45
018 Bar MA = 2907.17
020 Bar MA = 2906.45
030 Bar MA = 2919.36
040 Bar MA = 2940.13
050 Bar MA = 2947.61
100 Bar MA = 2916.61
200 Bar MA = 2816.82
Oscillators
12,26 Day MACD = 4.21
9 Day Smoothed MACD = -7.64
Difference = 11.85
Volatility
20 Period Bollinger Bands +2 Devs = 2971.87
20 Period Bollinger Bands -2 Devs = 2836.95
Volume & Open Interest (Futures)
Volume = 1669999
Open Interest (Futures) = 2494569
Wilder Parabolic Stop and Reverse
ParabolicSAR = 2832.34
Market Mode of Behavior: ES : CME : 2980.75 : Macro: Eight specific set-ups that dictate the current trading strategy...
Currently, this market meets the Volatile Bull Mode criteria. Price is trending higher.
For the entire data set this market has been in Volatile Bull Mode 12.44% of the time.
The average number of bars spent in this Mode before transitioning normally = 13. Since the current number of bars in Mode = 14, this market may transition into a new behavior soon.
The average price growth during this behavior is approximately = 111.15. This is compared to the current price growth of 89.25. Based upon the closing price of the most recent bar, price growth has yet to be met.
//
Transitions & Time: ES : CME : 2980.75 : Macro: Background on the current Mode of Behavior...
Transition from Medium Bear Mode occurred 14 bar(s) ago.
According to our signal logic, this transition occurred normally and triggered on the shortest time frame. This MBEVBU transition occurs very often.
Possessing knowledge of the preceding Mode of Behavior as well as the most likely subsequent Mode assists in executing current strategies, exits, and setups for the next trade.
//
Standard Analysis: ES : CME : 2980.75 : Macro: A closer look at the current Mode of Behavior...
The current bar's close at 2980.75 demonstrates that prices should continue higher.
Cautionary price levels 4.11% below the market are outside the Average True Range price percentage window of 1.74%, currently lowering the short-term probability of transitioning out of Volatile Bull Mode.
The Average True Range price percentage window is simply a function of the 16 bar Average True Range, divided by the underlying's closing price of the last bar. Cautionary price levels are proprietary. Prices in this region indicate possible Mode transitions.
Volatility based on the 30 day standard deviation = 21.57%. Volatility based upon the 30 day Average True Range = 51.73 points, (based upon the underlying's price scale.)
The price change versus 1 week ago = 56.00. The price change versus 1 month ago = 56.00. The price change versus 1 year ago = 466.00.
//
Advice: ES : CME : 2980.75 : Macro: Straight-forward wisdom on how to position for near-term profits...
Alert! Transactions in FOREX, Futures, and Stocks, carry a high degree of risk. No slippage or commissions are included here or in our Statistics tables. Your FCM will charge you a commission.
Range trade this market from the long side. Buy Dips. Do not trend trade. This Mode of Behavior is aptly named, so caution is advised here.
During Volatile Bull Mode medium time-frame traders disagree with short and long time-frame traders. Short-term banded ranges occur with a bullish slope. (+-+)
//
Natural Attraction: ES : CME : 2980.75 : Macro: Expected tendencies and targets...
During Volatile Bull Mode prices should tend towards a point located at 3023.98.
A medium-term price structure located at 3023.98 is less than 1.5% away.
//
Support & Resistance: ES : CME : 2980.75 : Macro: Specific trading levels or bands...
SPEEDVIEW TRADING WIDGET
A key level to watch, located at 2873.74 is exactly 107.01 points, or 3.6% away.
Trading Band6 Level = 3142.75
Trading Band5 Level = 3091.01
Trading Band4 Level = 3039.28
Trading Band3 Level = 2987.54
Trading Band2 Level = 2935.81
Trading Band1 Level = 2884.07
//
Price Growth / Decay Projections: ES : CME : 2980.75 : Macro: Growth / decay projections...
Target#1=3015.21
Distance=34.46
Move=1.2%
Target#2=3163.21
Distance=182.46
Move=6.1%
Back to Top
Common Technicals: ES : CME : 2980.75 : Macro: Values for commonly used technical analysis indicators...
Macro = Daily Bars...
Momentum Indicators
09 Day RSI = 63.43
10 Day RSI = 61.90
14 Day RSI = 58.05
Moving Averages
003 Bar MA = 2963.75
004 Bar MA = 2949.31
005 Bar MA = 2944.40
008 Bar MA = 2925.50
010 Bar MA = 2914.28
014 Bar MA = 2915.45
018 Bar MA = 2907.17
020 Bar MA = 2906.45
030 Bar MA = 2919.36
040 Bar MA = 2940.13
050 Bar MA = 2947.61
100 Bar MA = 2916.61
200 Bar MA = 2816.82
Oscillators
12,26 Day MACD = 4.21
9 Day Smoothed MACD = -7.64
Difference = 11.85
Volatility
20 Period Bollinger Bands +2 Devs = 2971.87
20 Period Bollinger Bands -2 Devs = 2836.95
Volume & Open Interest (Futures)
Volume = 1669999
Open Interest (Futures) = 2494569
Wilder Parabolic Stop and Reverse
ParabolicSAR = 2832.34