GOLD Update for week ending 13 September 2019Week update for week ending 13 September 2019
In Bull territory.
Projected range for upcoming week 1516.35 - 1468.22
Price Projection: 1460.89
HMA: Bull
Bull RSI: Bullish
Bear RSI: Bullish
BSI: Neutral Bull
5 RSI: Positive
Consolidation: In Consolidation between 1480 - 1555.33
Price-Trend: 1.64x ATR
Daily for 13 September 2019
In Bear territory.
Price Projection: 1475.54
HMA: Bear
Bull RSI: Neutral Bear
Bear RSI: Neutral Bear
BSI: Bearish
5 RSI: Negative
Consolidation: In Consolidation between 1472.41 - 1555.33
Price-Trend: .84x ATR
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
Priceprojection
WTI Update for week ending 13 September 2019Week update for week ending 13 September 2019
In Bear territory.
Projected range for upcoming week 57.85 - 51.88
Price Projection:
HMA: Neutral Bear
Bull RSI: Neutral Bear
Bear RSI: Neutral Bear
BSI: Neutral Bear
5 RSI: Negative
Consolidation: In Consolidation between 50.55 - 60.89
Price-Trend: .41x ATR
Daily for 13 September 2019
In Bear territory.
Price Projection:
HMA: Neutral Bear
Bull RSI: Neutral Bear
Bear RSI: Neutral Bear
BSI: Neutral Bear
5 RSI: Negative
Consolidation: In Consolidation between 54.02 - 56.33
Price-Trend: .5x ATR
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
RUT Update for week ending 13 September 2019Week update for week ending 13 September 2019
In Bull territory.
Projected range for upcoming week 1613.19 - 1543.09
Price Projection: 1775.50
HMA: Neutral Bull
Bull RSI: Neutral Bull
Bear RSI: Neutral Bull
BSI: Bullish
5 RSI: Positive
Consolidation: Broken to the high
Price-Trend: .99x ATR
Daily for 13 September 2019
In Bull territory.
Price Projection: 1671.02
HMA: Bull
Bull RSI: Bullish
Bear RSI: Bullish
BSI: Bullish
5 RSI: Positive
Consolidation: In Consolidation between 1541.87 - 1589.45
Price-Trend: 2.66x ATR
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
IXIC Update for week ending 13 September 2019Week update for week ending 13 September 2019
In Bull territory.
Projected range for upcoming week 8351.83 - 8001.56
Price Projection: 8421.74
HMA: Neutral Bull
Bull RSI: Bullish
Bear RSI: Neutral Bear
BSI: Bullish
5 RSI: Positive
Consolidation: In Consolidation between 7662.9 - 8325.3
Price-Trend: 1.0x ATR
Daily for 13 September 2019
In Bull territory.
Price Projection: 8369.4
HMA: Strong Bull
Bull RSI: Bullish
Bear RSI: Neutral Bull
BSI: Bullish
5 RSI: Positive
Consolidation: In Consolidation between 8165.5 - 8243.8
Price-Trend: 1.7x ATR
Comments: Be concerned about 8380. This can be a resistance zone and an area where the tide can turn back down. The way the strength is formed, we should blast this level apart. Yet, a warning still needs to be given.
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
SPX Update for week ending 13 September 2019Week update for week ending 13 September 2019
In Bull territory.
Projected range for upcoming week 3060 - 2953
Price Projection: 3086.99
HMA: Neutral Bull
Bull RSI: Bullish
Bear RSI: Neutral Bear
BSI: Bullish
5 RSI: Positive
Consolidation: In Consolidation between 2822.1 - 3025.6
Price-Trend: 1.3x ATR
Daily for 13 September 2019
In Bull territory.
Price Projection: 3064.76
HMA: Strong Bull
Bull RSI: Bullish
Bear RSI: Neutral Bull
BSI: Bullish
5 RSI: Positive
Consolidation: In Consolidation between 3000.9 - 3020.7
Price-Trend: 2.2x ATR
Comments: Be concerned about 3050. This can be a resistance zone and an area where the tide can turn back down. The way the strength is formed, we should blast this level apart. Yet, a warning still needs to be given.
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
DJI Update for week ending 13 September 2019Week update for week ending 13 September 2019
In Bull territory.
Projected range for upcoming week 26733.23 - 27705.76
Price Projection: 28040
HMA: Neutral Bull
Bull RSI: Bullish
Bear RSI: Neutral Bear
BSI: Bullish
5 RSI: Positive
Consolidation: In Consolidation between 25339.16 - 27306.7
Price-Trend: 1.3x ATR
Daily for 13 September 2019
In Bull territory.
Price Projection: 27816
HMA: Strong Bull
Bull RSI: Bullish
Bear RSI: Bullish
BSI: Bullish
5 RSI: Positive
Consolidation: In Consolidation between 27105.0 - 27306.7
Price-Trend: 2.6x ATR
Comments: Be concerned about 27500. This can be a resistance zone and an area where the tide can turn back down. The way the strength is formed, we should blast this level apart. Yet, a warning still needs to be given.
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
GOLD Update for 12 September 2019
Daily for 12 September 2019
In Bear territory.
Price Projection: 1475.54
HMA: Strong Bear
Bull RSI: Neutral Bull
Bear RSI: Neutral Bull
BSI: Bullish
5 RSI: Negative
Consolidation: In Consolidation between 1472.41 - 1555.33
Price-Trend: .44x ATR
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
WTI Update for 12 September 2019
Daily for 12 September 2019
In Bear territory.
Price Projection: 52.45
HMA: Neutral Bear
Bull RSI: Neutral Bear
Bear RSI: Neutral Bear
BSI: Bearish
5 RSI: Negative
Consolidation: None
Price-Trend: .42x ATR
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
DJI Update for 12 September 2019
Daily for 12 September 2019
In Bull territory.
Price Projection: 27695.60
HMA: Strong Bull
Bull RSI: Bullish
Bear RSI: Bullish
BSI: Bullish
5 RSI: Positive
Consolidation: None
Price-Trend: 2.5x ATR
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
RUT Update for 11 September 2019
Daily for 11 September 2019
In Bull territory.
Price Projection: 1671.02
HMA: Strong Bull
Bull RSI: Bullish
Bear RSI: Neutral Bull
BSI: Bullish
5 RSI: Positive
Consolidation: None
Price-Trend: 2.82x ATR
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
IXIC Update for 11 September 2019
Daily for 11 September 2019
In Bull territory.
Price Projection: 8441.52
HMA: Strong Bull
Bull RSI: Bullish
Bear RSI: Neutral Bull
BSI: Bullish
5 RSI: Positive
Consolidation: Broken to the high
Price-Trend: 1.8x ATR
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
SPX Update for 11 September 2019
Daily for 11 September 2019
In Bull territory.
Price Projection: 3071.93
HMA: Strong Bull
Bull RSI: Bullish
Bear RSI: Neutral Bull
BSI: Bullish
5 RSI: Positive
Consolidation: Broken to the high
Price-Trend: 2.1x ATR
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
DJI Update for 11 September 2019
Daily for 11 September 2019
In Bull territory.
Price Projection: 27816
HMA: Strong Bull
Bull RSI: Bullish
Bear RSI: Neutral Bull
BSI: Bullish
5 RSI: Positive
Consolidation: None
Price-Trend: 2.5x ATR
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
RUT Update for 10 September 2019
Daily for 10 September 2019
In Bull territory.
Price Projection: 1558 - 1600
HMA: Bull
Bull RSI: Bullish
Bear RSI: Neutral Bull
BSI: Bullish
5 RSI: Positive
Consolidation: None
Price-Trend: 1.72x ATR
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
DJI Update for 10 September 2019
Daily for 10 September 2019
In Bull territory.
Price Projection: 26954 - 27220
HMA: Strong Bull
Bull RSI: Bullish
Bear RSI: Neutral Bull
BSI: Bullish
5 RSI: Positive
Consolidation: Broken to the high
Price-Trend: 1.8x ATR
Comments: September 9th, weak engulfing bar closing outside the consolidation range. This generated a possible price of 27220.
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
WTI Update for 9 September 2019
Daily for 9 September 2019
In Bull territory.
Price Projection: 63.30
HMA: Strong Bull
Bull RSI: Bullish
Bear RSI: Neutral Bull
BSI: Bullish
5 RSI: Positive
Consolidation: Broken to the high
Price-Trend: x ATR
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
WTI Update for week ending 6 September 2019Week update for week ending 6 September 2019
In Bull territory.
Projected range for upcoming week 1533.77 - 1486.70
Price Projection:
HMA: Bull
Bull RSI: Bullish
Bear RSI: Bullish
BSI: Bullish
5 RSI: Positive
Consolidation: In Consolidation between 1480 - 1555.35
Price-Trend: 2.34x ATR
Daily for 6 September 2019
In Bear territory.
Price Projection: 1487.48
HMA: Bear
Bull RSI: Bullish
Bear RSI: Neutral Bull
BSI: Neutral Bull
5 RSI: Negative
Consolidation: In Consolidation between 1472.41 - 1555.33
Price-Trend: .24x ATR
Comments: A change of chart views. Trying to clean-up the data view I present.
Weekly is showing stall and consolidation. Now at 2.34x the ATR from the trend. Getting nearer to the average. Still more "stall" for the coming week.
Daily appeared to have got hammered, but prices had to move. Still in the consolidation range that had established the week prior. So nothing new or surprising.
What am I showing on this new(ish) chart?
Daily: Enough bearish strength has enter to see a move to the consolidation low of 1472.
Weekly: Stalled, but still strongly bullish.
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
WTI Update for week ending 6 September 2019Week update for week ending 6 September 2019
In Bear territory.
Projected range for upcoming week 59.48 - 53.71
Price Projection:
HMA: Neutral Bear
Bull RSI: Neutral Bear
Bear RSI: Neutral Bear
BSI: Neutral Bear
5 RSI: Positive
Consolidation: In Consolidation between 50.55 - 60.89
Price-Trend: .02x ATR
Daily for 6 September 2019
In Bull territory.
Price Projection: 59.06
HMA: Neutral Bull
Bull RSI: Neutral Bull
Bear RSI: Neutral Bull
BSI: Bullish
5 RSI: Positive
Consolidation: In Consolidation between 52.87 - 57.72
Price-Trend: 1.91x ATR
Comments: A change of chart views. Trying to clean-up the data view I present.
Weekly charts are still neutral-bearish in a consolidation range. The Daily does not have the strength to push the follow on weekly into full on bull-mode.
Little to no reaction to the NFP and Chairman Powell's Q/A. No expecting the market to break the consolidation high this coming week.
What am I showing on this new(ish) chart?
Daily: Lots of wobble in the condication range. No true directional strength.
Weekly: Bear trend since May.
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
RUT Update for week ending 6 September 2019Week update for week ending 6 September 2019
In Bear territory.
Projected range for upcoming week 1505.17 - 1456.17
Price Projection:
HMA: Strong Bear
Bull RSI: Neutral Bear
Bear RSI: Bearish
BSI: Bearish
5 RSI: Negative
Consolidation: In Consolidation between 1450.33 - 1533.49
Price-Trend: .4x ATR
Daily for 6 September 2019
In Bull territory.
Price Projection: 1375
HMA: Neutral Bull
Bull RSI: Neutral Bull
Bear RSI: Neutral Bull
BSI: Bullish
5 RSI: Positive
Consolidation: In Consolidation between 1450.84 - 1521.79
Price-Trend: .28x ATR
Comments: A change of chart views. Trying to clean-up from to much data what is presented.
Weekly charts are still bearish in a consolidation range. The Daily just became bullish on the 5th. But does it have the strength to continue.
Little to no reaction to the NFP and Chairman Powell's Q/A. No expecting the market to break the consolidation high this coming week.
What am I showing on this new(ish) chart?
Daily: 5 September, confirmed bull trend. But can it hold?
Weekly: Bear trend since week of 5 August.
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
IXIC Update for week ending 6 September 2019Week update for week ending 6 September 2019
In Bull territory.
Projected range for upcoming week 8274.21 - 7931.98
Price Projection:
HMA: Neutral Bull
Bull RSI: Bullish
Bear RSI: Neutral Bull
BSI: Neutral Bull
5 RSI: Positive
Consolidation: In Consolidation between 7662.9 - 8325.5
Price-Trend: .8x ATR
Daily for 6 September 2019
In Bull territory.
Price Projection: 8369.4
HMA: Strong Bull
Bull RSI: Bullish
Bear RSI: Neutral Bull
BSI: Bullish
5 RSI: Positive
Consolidation: In Consolidation between 8061.3 - 8134.4
Price-Trend: 1.3x ATR
Comments: A change of chart views. Trying to clean-up from to much data what is presented.
Weekly charts are still neutral-bullish in a consolidation range. The Daily has strength to push the follow on weekly into full on bull-mode.
Little to no reaction to the NFP and Chairman Powell's Q/A. No expecting the market to break the consolidation high this coming week.
What am I showing on this new(ish) chart?
Daily: 29 August, confirmed bull trend.
Weekly: Neutral trend. Still hasn't fixed itself to a direction. This is mainly due to the large consolidation.
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
SPX Update for week ending 6 September 2019Week update for week ending 6 September 2019
In Bull territory.
Projected range for upcoming week 3031.07 - 2926.32
Price Projection:
HMA: Neutral Bull
Bull RSI: Bullish
Bear RSI: Neutral Bull
BSI: Neutral Bull
5 RSI: Positive
Consolidation: In Consolidation between 2822.1 - 3025.6
Price-Trend: 1.1x ATR
Daily for 6 September 2019
In Bull territory.
Price Projection: 3019.15
HMA: Strong Bull
Bull RSI: Bullish
Bear RSI: Neutral Bull
BSI: Bullish
5 RSI: Positive
Consolidation: In Consolidation between 2960.9 - 2985
Price-Trend: 1.7x ATR
Comments: A change of chart views. Trying to clean-up from to much data what is presented.
Weekly charts are still neutral-bullish in a consolidation range. The Daily has strength to push the follow on weekly into full on bull-mode.
Little to no reaction to the NFP and Chairman Powell's Q/A. No expecting the market to break the consolidation high this coming week.
What am I showing on this new(ish) chart?
Daily: 29 August, confirmed bull trend.
Weekly: Neutral trend. Still hasn't fixed itself to a direction. This is mainly due to the large consolidation.
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
DJI Update for week ending 6 September 2019Week update for week ending 6 September 2019
In Bull territory.
Projected range for upcoming week 27273.9452 - 26321.0548
Price Projection:
HMA: Neutral Bull
Bull RSI: Neutral Bull
Bear RSI: Neutral Bear
BSI: Neutral Bull
5 RSI: Positive
Consolidation: In Consolidation between 25339.6 - 27281.7
Price-Trend: .9x ATR
Daily for 6 September 2019
In Bull territory.
Price Projection: 27445.09
HMA: Strong Bull
Bull RSI: Bullish
Bear RSI: Neutral Bull
BSI: Bullish
5 RSI: Positive
Consolidation: In Consolidation between 26603.2 - 26860.9
Price-Trend: 1.7x ATR
Comments: A change of chart views. Trying to clean-up from to much data what is presented.
Weekly charts are still neutral-bullish in a consolidation range. The Daily has strength to push the follow on weekly into full on bull-mode.
Little to no reaction to the NFP and Chairman Powell's Q/A. No expecting the market to break the consolidation high this coming week.
What am I showing on this new(ish) chart?
Daily: 29 August, confirmed bull trend.
Weekly: Neutral trend. Still hasn't fixed itself to a direction. This is mainly due to the large consolidation.
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
RUT Update for 4 September 2019
Daily for 4 September 2019
In Bull territory.
Price Projection: 1406
HMA: Bear
Bull RSI: Neutral
Bear RSI: Bearish
BSI: Neutral Bear
5 RSI: Positive
Consolidation: In Consolidation between 1450.84 - 1515.34
Price-Trend: .5x ATR
Comments: Since the beginning of August (over 21 trade days), the markets have been stalled.
I have way to many neutral-bull one day, neutral-bear the next indicators happening. This is a strong indicator of a stalled/flat market.
When markets stall the values of the indicators at < 21 trade days become worthless and stale. Because of this, I have altered the charts now for 36 trade days or approximately 3 months.
The general base lines/trends are relatively the same, however we can now get indication of movement in the indicators since using additional data beyond the period of inactivity.
Much of the movement is emotional. Gap down for X-reason, Gap up for Y-reason. The major indexes are hitting against the resistance levels and may not have true underlying financial strength to exceed these values. They currently lack strong directional indication.
For this trade day, the markets gaped up due to news regarding removal of a extradition legislation in Hong Kong. Today expecting a gap up due to the announcement of renewed trade talks occurring in the next month. Consolidation level highs will be tested on most indexes. With possible return and re-establish of consolidation levels the following day.
Be cautious right now. The current financial indexes reflect strongly the lack of directional identity and hovering at the 21 day average.
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **