Week update for week ending 23 August 2019
In Bear territory.
Projected range for upcoming week 55.87 - 49.81
Price Projection:
HMA: Strong Bear
Bull RSI: Neutral
Bear RSI: Bearish
BSI: Bearish
5 RSI: Negative
Consolidation: In Consolidation between 50.55 - 60.91
Price-Trend: .79x ATR
Daily for 23 August 2019
In Bear territory.
Price Projection: 51.89 - 48.72
HMA: Neutral Bear
Bull RSI: Neutral
Bear RSI: Bearish
BSI: Bearish
5 RSI: Negative
Consolidation: Broken to the low
Price-Trend: .84x ATR
Spent the week neutral. The Weekly is still holding on to that neutrality within the consolidation range. Current strength is demonstrating a push toward a pocket of 51.89- 48.72. Generally this pocket is formed due to the neutrality and can tighten if strength continues.
In Bear territory.
Projected range for upcoming week 55.87 - 49.81
Price Projection:
HMA: Strong Bear
Bull RSI: Neutral
Bear RSI: Bearish
BSI: Bearish
5 RSI: Negative
Consolidation: In Consolidation between 50.55 - 60.91
Price-Trend: .79x ATR
Daily for 23 August 2019
In Bear territory.
Price Projection: 51.89 - 48.72
HMA: Neutral Bear
Bull RSI: Neutral
Bear RSI: Bearish
BSI: Bearish
5 RSI: Negative
Consolidation: Broken to the low
Price-Trend: .84x ATR
Spent the week neutral. The Weekly is still holding on to that neutrality within the consolidation range. Current strength is demonstrating a push toward a pocket of 51.89- 48.72. 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.