IXIC update for 8 January 2020

TVC:IXIC   NASDAQ Composite Index
Daily Data Summary Suggests:

Current Daily Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
Current chart score suggests that Bullish Sentiment is present.
The anticipated upcoming trade range is between 9029.11 - 9108.09
Price Consolidation has formed between: 8909.2 - 9093.4
If SPX is capable of maintaining the current strength as of today, the projection generated from the daily chart is a target price of 3217.67

The prices have moved 3.2 times the normal trade range from Trend Moving Average, a stall/decline may occur to return to the average.
The RSI that monitors bullish strength has a current daily reading of: Bullish
The RSI that monitors bearish strength has a current daily reading of: Bullish
The strength demonstrated over the last 5 days is currently: Bullish

** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **
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