priceprophet

SPX Month End Evaluation

SP:SPX   S&P 500 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.
Monthly: The relationship to the primary trend MA is bullish. The price in relationship to the other averages suggest long positions

Price Action:
Monthly: The average price range currently is 259.34 points/ticks/pips. Prices are currently 1.37x the normal trading range. Prices are trading within the mean range for activity. This generally indicates a healthy trading range.
Prices have broken through the high value of the consolidation range.

Standard Deviation
Monthly: Standard deviation suggests a range from 3074.02 to 3468.22 for the following month.

Calculated Price Strength:
The strength of the trend in conjunction with specific averages
Monthly: Trend strength suggests a trade range of 3271.12 to 3629.53 for the following month.

Price Projection:
The price action has generated a projection signal for the underlying.
Monthly: Price currently displays (if strength and attitude continue) a desire to move toward 3449.94
If strength and attitude continue, it could take between 2 to 4 trade periods (months) to reach the projection.

Indicators Summary.
A collection of technical indicators whose directional attitude has been summarized.
Monthly: Out of the cumulative indicators monitored, 70.00% are bullish, 10.00% are bearish, 20.00% are neutral

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