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 bearish. The price in relationship to the other averages suggest short positions
Price Action:
Monthly: The average price range currently is 2269.9 points/ticks/pips. Prices are currently .5x the normal trading range. Prices are trading within the mean range for activity. This generally indicates a consolidation of strength/indecision in the market regarding direction.
While in consolidation the trade range may decrease to 1402.242 points/ticks/pips.
Standard Deviation
Monthly: Standard deviation suggests a range from 22811.4 to 25880.1 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 22942.90 to 25748.50 for the following month.
Price Projection:
The price action has generated a projection signal for the underlying.
Monthly: Monthly: Price currently displays (if strength and attitude continue) a desire to move toward 18852.55
If strength and attitude continue, it could take between 3 to 6 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, 9.09% are bullish, 54.55% are bearish, 36.36% are neutral
The CCI indicator trading strategy suggest the following:
Monthly: Neutral price action - No entries at this time. If in, consider covering..
Confirmation Signal
6 indicators combined to confirm entry/exit.
Monthly Bearish - Close/Cover directional trades
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 bearish. The price in relationship to the other averages suggest short positions
Price Action:
Monthly: The average price range currently is 2269.9 points/ticks/pips. Prices are currently .5x the normal trading range. Prices are trading within the mean range for activity. This generally indicates a consolidation of strength/indecision in the market regarding direction.
While in consolidation the trade range may decrease to 1402.242 points/ticks/pips.
Standard Deviation
Monthly: Standard deviation suggests a range from 22811.4 to 25880.1 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 22942.90 to 25748.50 for the following month.
Price Projection:
The price action has generated a projection signal for the underlying.
Monthly: Monthly: Price currently displays (if strength and attitude continue) a desire to move toward 18852.55
If strength and attitude continue, it could take between 3 to 6 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, 9.09% are bullish, 54.55% are bearish, 36.36% are neutral
The CCI indicator trading strategy suggest the following:
Monthly: Neutral price action - No entries at this time. If in, consider covering..
Confirmation Signal
6 indicators combined to confirm entry/exit.
Monthly Bearish - Close/Cover directional trades
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.