During the week, EURUSD had an established consolidation of 1.12514(S) - 1.13478(R) Friday it broke the support levels. If on Monday prices DO NOT break the low of Friday and closes above 1.12514 then the consolidation range will have extended itself and the uptrend can reestablish itself. The RSI trigger shows that currently strength exists to push down to...
NASDAQ stalled last week, the 8 MA has nearly caught up with prices on the daily charts. Weekly chart has consolidation between 7292.2(S) - 8135.5(R). A trigger formed on the baseline and currently reflects enough strength to indicate an attempt to break out to ~8178.5 This isn't a strong trigger - so once the breakout occurs "holding" the position and advancing...
SP500 stalled last week, the 8 MA has nearly caught up with prices on the daily charts. Weekly chart has consolidation between 2728.81(S) - 2937.32(R). A trigger formed on the baseline and currently reflects enough strength to indicate an attempt to break out to ~2999.33 This isn't a strong trigger - so once the breakout occurs "holding" the position and...
DJI stalled last week, the 8 MA has nearly caught up with prices on the daily charts. Weekly chart has consolidation between 24680.57(S) - 26476.27(R). A trigger formed on the baseline and currently reflects enough strength to indicate an attempt to break out to ~27058.58 This isn't a strong trigger - so once the breakout occurs "holding" the position and...
Russell appears to be tired of being melancholy and has issued a projection out of the consolidation. It isn't big or aiming for the moon. However, it generated a signal for ~1552.39
June 7th showed a price projection of ~1.15698 the EXY and DXY are both showing strength to project into ~1.1599
The price projection generated on June 10th has a target of ~8093.16 after price stall (consolidation). Consolidation range is currently established at 7910/7774.
Consolidation between 1.62524 - 1.6071 Looking for break out and project a price into ~1.6389
SP500 price projection is showing for 2969.85 on the hopes of resolutions to the trade war and FED rate cuts. If we do go for it. And can't break this barrier (yet again). It is going to hurt going down.
DJI price projection is showing for 26844 on the hopes of resolutions to the trade war and FED rate cuts. If we do go for it. And can't break this barrier (yet again). It is going to hurt going down.
Oil is still looking south on the prices. Between 48.48 and 36.04 There doesn't appear (this week any how) to be any effort of a rally. The pricing returned to its core averages after a run off early away from them.
Russell 2000 is showing a MEH attitude and holding on to a target of 1328.75 Failing to rise like the other three indexes. Russell seems to be the turtle in the family at the moment.
NASDAQ price projection is showing for 8035.5 on the hopes of resolutions to the trade war and FED rate cuts. If we do go for it. And can't break this barrier (yet again). It is going to hurt going down.