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 hold current position but prepare to close, ensure stops are placed.
Price Action:
Weekly: The average price range currently is 532.6 points/ticks/pips. Prices are currently 1.2x 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 10677.8 and 12439.5.
While in consolidation the trade range may decrease to 328.776 points/ticks/pips.
Standard Deviation
Weekly: Standard deviation suggests a range from 10458.9 to 12052.4 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 10926.55 to 11584.85 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 11035.3
If strength and attitude continue, it could take between 1 to 2 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, 50.00% are bullish, 20.00% are bearish, 30.00% are neutral
The CCI indicator trading strategy suggest the following:
Weekly: Strongly bullish - longs closed.
Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bullish - Close/Cover directional trades, profit taking/trend switch in process.
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 hold current position but prepare to close, ensure stops are placed.
Price Action:
Weekly: The average price range currently is 532.6 points/ticks/pips. Prices are currently 1.2x 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 10677.8 and 12439.5.
While in consolidation the trade range may decrease to 328.776 points/ticks/pips.
Standard Deviation
Weekly: Standard deviation suggests a range from 10458.9 to 12052.4 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 10926.55 to 11584.85 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 11035.3
If strength and attitude continue, it could take between 1 to 2 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, 50.00% are bullish, 20.00% are bearish, 30.00% are neutral
The CCI indicator trading strategy suggest the following:
Weekly: Strongly bullish - longs closed.
Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bullish - Close/Cover directional trades, profit taking/trend switch in process.