GOLD Update week ending 26 July 2019Weekly consolidation range: 1333 - 1452
Daily consolidation range: 1383 - 1452
Weekly strength indicates a bullish-neutral attitude
Daily strength indicates a bull-neutral attitude
Weekly Bull RSI: No new signals
Weekly Bear RSI: No new signals
Weekly BSI: No new signals
Open daily price projections: 1400 from 25 July
Projected trade range for upcoming week: 1402 - 1434
Priceprojection
WTI Update week ending 26 July 2019Weekly consolidation range: 50.63 - 60.91
Daily consolidation range: 54.76 - 57.62
Weekly strength indicates a bearish attitude
Daily strength indicates a bearish attitude
Weekly Bull RSI: No new signals
Weekly Bear RSI: No new signals
Weekly BSI: Price projection to 52.74
Open daily price projections: 50.38 from 22 July, 55.17 from 25 July
Projected trade range for upcoming week: 54.32 - 58
RUT Update week ending 26 July 2019Weekly consolidation range: 1517 - 1586
Daily consolidation range: 1543 - 1581
Weekly strength indicates a strong bullish attitude
Daily strength indicates a strong bull attitude
Weekly Bull RSI: No new signals
Weekly Bear RSI: No new signals
Weekly BSI: No new signals
Open daily price projections: 1603, 1623 from July 24
Projected trade range for upcoming week: 1555 - 1625
IXIC Update week ending 26 July 2019Weekly consolidation range: Broken to the high
Daily consolidation range: Broken to the high
Weekly strength indicates a strong bullish attitude
Daily strength indicates a strong bull attitude
Weekly Bull RSI: No new signals
Weekly Bear RSI: Projection to: 8730
Weekly BSI: No new signals
Open daily price projections: 8392, 8395 from July 24, 8395 from July 26
Projected trade range for upcoming week: 8222 - 8614
SPX Update week ending 26 July 2019Weekly consolidation range: Broken to the high
Daily consolidation range: Broken to the high
Weekly strength indicates a strong bullish attitude
Daily strength indicates a bull attitude
Weekly Bull RSI: No new signals
Weekly Bear RSI: No new signals
Weekly BSI: No new signals
Open daily price projections: 3069 from July 24, 3045, 3075 from July 26
Projected trade range for upcoming week: 2993 - 3110
DJI Update Week ending 26 July 2019Weekly consolidation range: 26665 - 27398
Daily consolidation range: 27062 - 27368
Weekly strength indicates a strong bullish attitude
Daily strength indicates a bull attitude with a "cover the longs" signal.
Weekly Bull RSI: No new signals
Weekly Bear RSI: No new signals
Weekly BSI: No new signals
Open daily price projections: 27456 from July 23.
Projected trade range for upcoming week: 26823 - 27789
Update 26 July 2019Wednesday generated a enveloping negative bar within consolidation range of 54.76 - 57.62
This bar is with the bear trend.
The price projection generated from this is 54.80
The Bear RSI crossed into neutral territory and pulled back on yesterday.
This generated a price projection of 54.92
Need two closes below 54.62 to get out of this consolidation.
BTC on Monthly scale. Long term Price speculation.Trying to make a play on market psychology here. Monthly setting up for Bull Flag Pattern. If we are to follow the trend (and maybe assume we are in a multi-year bull flag - does that exist?) then higher highs and higher lows are expected. Monthly chart with a cyclical yearly trend prediction depicted above. NO WAY the perma-bulls (and bots will let this month print a lower low, but August can see us fulfilling the GAP. This will bring ALL-TIME FEAR back to the market and shake the weak hands. Rally in September to near term levels will keep steady investors in. then back to near term lows shaking the last of the weary hands, before making its way through ATH in December.
I have my buys put in. Stop Losses were a painful lesson to learn, but are also set. Let me know your thoughts and opinions on my analysis.
Wishing you all the happiness and good fortune.
-BSB out
Week ending 19 July 19Weekly Consolidation: 1333 - 1452
Daily Consolidation: 1383 - 1452. High was broken on Thursday, re-established on Friday with a return to previous range creating an extended new consolidation high.
Weekly HMA: Long
Daily HMA: Cover
Open price projection Daily: 1470, 1476, 1507
Projected weekly range for upcoming week: 1392 - 1458
Bullish Update 19 July 19Three indicators are now projecting bullish price targets.
There exists (at this time) strength for the prices to reach into 1500 territory with 1507 being a price target.
The two strength indicators have their sights set on 1470 - 1476 for the first "pause" zone before moving on.
The projected range for 19 July 19 is: 1435 - 1478
Bearish Update 18 July 19The one index that has been showing true signs of the economy.
Price to HMA position is indicating short.
Price projection from the Bull RSI returning into neutral territory indicating weakening strength is targeting 1526.66
The consolidation range which has lasted a couple of week is broken to the low side.
Bearish Update 18 July 19While no negative projections are currently available.
The DJIA has displayed two bars ago with a close in the lower 50% and yesterday in the lower 25%.
An attempt at consolidation was broken to the low side yesterday.
The BSI is getting ready to cross negative.
The HMA indicators are in the "cover the longs" position.
Bullish Update 18 July 19Gold surged creating a enveloping bar. This caused a price projection trigger.
Gold appears to be targeting 1442.786
There are two more bullish triggers in the process. Close on 19 July 19 will provide the data for the price projection for both of these triggers.
The Bear RSI is re-entering Bull trend movement territory. And the BSI is about to cross.