Week update for week ending 23 August 2019
In Bear territory.
Projected range for upcoming week 1491 - 1430
Price Projection:
HMA: Bear
Bull RSI: Neutral
Bear RSI: Neutral
BSI: Bearish
5 RSI: Negative
Consolidation: In Consolidation between 1456 - 1533
Price-Trend: 1.55x ATR
Daily for 23 August 2019
In Bear territory.
Price Projection: 1422 - 1363
HMA: Neutral Bear
Bull RSI: Neutral
Bear RSI: Neutral
BSI: Bearish
5 RSI: Negative
Consolidation: In Consolidation between 1456 - 1515
Price-Trend: 1.92x ATR
Spent the week neutral. The Weekly is still holding on to that neutrality within the consolidation range. Current strength is demonstrating a push through the floor toward a pocket of 1422 - 1363. Generally this pocket is formed due to the neutrality and can tighten if strength continues.
In Bear territory.
Projected range for upcoming week 1491 - 1430
Price Projection:
HMA: Bear
Bull RSI: Neutral
Bear RSI: Neutral
BSI: Bearish
5 RSI: Negative
Consolidation: In Consolidation between 1456 - 1533
Price-Trend: 1.55x ATR
Daily for 23 August 2019
In Bear territory.
Price Projection: 1422 - 1363
HMA: Neutral Bear
Bull RSI: Neutral
Bear RSI: Neutral
BSI: Bearish
5 RSI: Negative
Consolidation: In Consolidation between 1456 - 1515
Price-Trend: 1.92x ATR
Spent the week neutral. The Weekly is still holding on to that neutrality within the consolidation range. Current strength is demonstrating a push through the floor toward a pocket of 1422 - 1363. Generally this pocket is formed due to the neutrality and can tighten if strength continues.
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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.