RUT Update for 27 August 2019Daily for 27 August 2019
In Bear territory.
Price Projection: 1437
HMA: Neutral Bear
Bull RSI: Neutral
Bear RSI: Bearish
BSI: Bearish
5 RSI: Negative
Consolidation: Broken to the low
Price-Trend: 1.74x 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
GOLD Update for week ending 23 August 2019Week update for week ending 23 August 2019
In Bull territory.
Projected range for upcoming week 1563.91 - 1508.15
Price Projection:
HMA: Very Strong Bull
Bull RSI: Bullish
Bear RSI: Bullish
BSI: Bullish"
5 RSI: Positive
Consolidation: In Consolidation between 1480 - 1530.22
Price-Trend: 3.72x ATR (anticipate a stall while waiting for the MAs to catch up)
Daily for 23 August 2019
In Bull territory.
Price Projection:
HMA: Strong Bull
Bull RSI: Bullish
Bear RSI: Bullish
BSI: Bullish
5 RSI: Positive
Consolidation: In Consolidation between 1472.41 - 1535.03
Price-Trend: 1.87x ATR
WTI Update for week ending 23 August 2019Week 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.
RUT Update for week ending 23 August 2019Week 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.
IXIC Update for week ending 23 August 2019Week update for week ending 23 August 2019
In Bear territory.
Projected range for upcoming week 7913 - 7604
Price Projection:
HMA: Neutral Bear
Bull RSI: Neutral
Bear RSI: Neutral
BSI: Bullish"
5 RSI: Negative
Consolidation: In Consolidation between 7662 - 8325
Price-Trend: .6x ATR
Daily for 23 August 2019
In Bear territory.
Price Projection: 7555 - 7237
HMA: Neutral Bear
Bull RSI: Neutral
Bear RSI: Bearish
BSI: Bearish
5 RSI: Negative
Consolidation: Broken to the low
Price-Trend: 1.8x 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 7555 - 7237. Generally this pocket is formed due to the neutrality and can tighten if strength continues.
SPX Update for week ending 23 August 2019Week update for week ending 23 August 2019
In Bear territory.
Projected range for upcoming week 2896 - 2802
Price Projection:
HMA: Bear
Bull RSI: Neutral
Bear RSI: Neutral
BSI: Bullish"
5 RSI: Negative
Consolidation: In Consolidation between 2822 - 3025
Price-Trend: .6x ATR
Daily for 23 August 2019
In Bear territory.
Price Projection: 2782 - 2678
HMA: Neutral Bear
Bull RSI: Neutral
Bear RSI: Bearish
BSI: Bearish
5 RSI: Negative
Consolidation: Broken to the low
Price-Trend: 1.7x 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 2782 - 2678. Generally this pocket is formed due to the neutrality and can tighten if strength continues.
DJI Update for week ending 23 August 2019Week update for week ending 23 August 2019
In Bear territory.
Projected range for upcoming week 26073 - 25225
Price Projection: 24956
HMA: Neutral Bear
Bull RSI: Neutral
Bear RSI: Neutral
BSI: Bearish
5 RSI: Negative
Consolidation: In Consolidation between 25339 - 27281
Price-Trend: .8x ATR
Daily for 23 August 2019
In Bear territory.
Price Projection:
HMA: Strong Bear
Bull RSI: Neutral
Bear RSI: Bearish
BSI: Bearish
5 RSI: Negative
Consolidation: Broken to the low
Price-Trend: 1.6x 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 25000.
DJI Update 20 August 2019Daily Data for 20 August 2019
In Bear Territory
Price Projection:
HMA: Bear
BSI: Bearish
Bull RSI: Neutral
Bear RSI: Bear
5 RSI: Negative
Consolidation: 26222.3 - 25339.60 (Re-established after Monday’s break-out)
Price- Trend: .9x ATR
Staying around the mean (witnessed by the .9x ATR). Returned to previous consolidation range after 1 day break out through the high.
GOLD Update week ending 16 August 2019Week Ending 16 August 2019
The week is bullish, the daily is bullish.
Projected range for upcoming week: 1494 - 1550
Weekly Data.
In Bull Territory.
Price Projection: Daily Only
HMA: Very Strong Bull
BSI: Bullish
Bull RSI: Bull
Bear RSI: Bull
5 RSI: Positive
Consolidation: None
Price-Trend: 3.69x ATR (over 3x ATR away from Trend, expect stall)
Daily Data for Wednesday 16 August 2019
In Bull Territory
Price Projection: 1563.47
HMA: Strong Bull
BSI: Bullish
Bull RSI: Bull
Bear RSI: Bull
5 RSI: Positive
Consolidation: 1472 - 1535
Price- Trend: 1.88x ATR
WTI Update week ending 16 August 2019Week Ending 16 August 2019
The week is bearish, the daily is bearish.
Projected range for upcoming week: 52.31 - 57.48
Weekly Data.
In Bear Territory.
Price Projection: Daily Only
HMA: Strong Bear
BSI: Bearish
Bull RSI: Neutral
Bear RSI: Neutral
5 RSI: Negative
Consolidation: 50.55 - 60.91
Price-Trend: .61x ATR
Daily Data for Wednesday 16 August 2019
In Bear Territory
Price Projection: 53.27
HMA: Neutral Bear
BSI: Bearish
Bull RSI: Neutral
Bear RSI: Neutral
5 RSI: Negative
Consolidation: 53.98 - 57.43
Price- Trend: .33x ATR
RUT Update Week Ending 16 August 2019Week Ending 16 August 2019
The week is neutral bearish, the daily is bearish.
Projected range for upcoming week: 1464 - 1525
Weekly Data.
In Bear Territory.
Price Projection: Daily Only
HMA: Neutral Bull
BSI: Bullish
Bull RSI: Neutral
Bear RSI: Neutral
5 RSI: Negative
Consolidation: 1456 - 1533
Price-Trend: .93x ATR
Daily Data for Wednesday 16 August 2019
In Bear Territory
Price Projection: 1374
HMA: Strong Bear
BSI: Bearish
Bull RSI: Neutral
Bear RSI: Bear
5 RSI: Negative
Consolidation: 1456 - 1509
Price- Trend: .98x ATR
IXIC Update Week ending 16 August 2019Week Ending 16 August 2019
The week is neutral bullish, the daily is bearish.
Projected range for upcoming week: 7753 - 8053
Weekly Data.
In Bull Territory.
Price Projection: Daily Only
HMA: Neutral Bull
BSI: Bullish
Bull RSI: Neutral
Bear RSI: Neutral
5 RSI: Negative
Consolidation: 7662 - 8325
Price-Trend: .1x ATR
Daily Data for Wednesday 16 August 2019
In Bear Territory
Price Projection: 7946
HMA: Strong Bear
BSI: Bearish
Bull RSI: Neutral
Bear RSI: Bear
5 RSI: Negative
Consolidation: 7716 - 7907
Price- Trend: .7x ATR
SPX Update week ending 16 August 2019Week Ending 16 August 2019
The week is neutral bullish, the daily is bearish.
Projected range for upcoming week: 2845 - 2936
Weekly Data.
In Bull Territory.
Price Projection: Daily Only
HMA: Neutral Bear
BSI: Bearish
Bull RSI: Neutral
Bear RSI: Neutral
5 RSI: Negative
Consolidation: 2822- 3025
Price-Trend: .04x ATR
Daily Data for Wednesday 16 August 2019
In Bear Territory
Price Projection: 2776
HMA: Strong Bear
BSI: Bearish
Bull RSI: Neutral
Bear RSI: Bear
5 RSI: Negative
Consolidation: 2825 - 2894
Price- Trend:.82x ATR
DJI Update week ending 16 August 2019Week Ending 16 August 2019
The week is bearish, the daily is bearish.
Projected range for upcoming week: 25491 - 26321
Weekly Data.
In Bear Territory.
Price Projection: Only Daily
HMA: Neutral Bear
BSI: Bearish
Bull RSI: Neutral
Bear RSI: Neutral
5 RSI: Negative
Consolidation: 27281 - 25339
Price-Trend: .48x ATR
Daily Data for Wednesday 16 August 2019
In Bear Territory
Price Projection: 25119
HMA: Strong Bear
BSI: Bearish
Bull RSI: Neutral
Bear RSI: Bear
5 RSI: Negative
Consolidation: 26035 - 25339
Price- Trend:1.24x ATR
WTI Update 14 August 2019Daily Data for Wednesday 14 August 2019
In Bear Territory
Price Projection:
HMA: Cover/ Bear
BSI: Bullish
Bull RSI: Neutral
Bear RSI: Neutral
5 RSI: Negative
Consolidation:57.43 - 53.98
Price- Trend: .33x ATR
Entered into a consolidation range Still bullish upside targets. 55.75 - 59
RUT Update 14 August 2019Daily Data for Wednesday 14 August 2019
In Bear Territory
Price Projection: 1374
HMA: Very Strong Bear
BSI: Bearish
Bull RSI: Neutral
Bear RSI: Bear
5 RSI: Negative
Consolidation:Broken to the low side
Price- Trend: 2.45x ATR
Prices are now 2.45x ATR away from the mean. Expect some mean reversion (return toward the MAs) before any further movement.
Attached yahoo finance article regarding the futures position for the 15 August 2019. This is an example of set-up for a reversion to the mean. We may start there and fall or we may start low and move high. What ever the case may be. Prices don't like being 3x or more away from the mean.
IXIC Update 14 August 2019Daily Data for Wednesday 14 August 2019
In Bear Territory
Price Projection: 7587
HMA: Very Strong Bear
BSI: Bearish
Bull RSI: Neutral
Bear RSI: Bear
5 RSI: Negative
Consolidation:Broken to the low side
Price- Trend: 2.1x ATR
Prices are now 2.1x ATR away from the mean. Expect some mean reversion (return toward the MAs) before any further movement.
Attached yahoo finance article regarding the futures position for the 15 August 2019. This is an example of set-up for a reversion to the mean. We may start there and fall or we may start low and move high. What ever the case may be. Prices don't like being 3x or more away from the mean.