Daily Data for Wednesday 13 August 2019
In Bear Territory
Price Projection: 8104
HMA: Bear/Cover Short
BSI: Bearish
Bull RSI: Neutral
Bear RSI: Neutral
5 RSI: Positive
Consolidation: 8065 - 7833 (re-established)
Price- Trend: .1x ATR
The prices closed in a zone of indecisiveness - this generally suggests covering shorts as it waits for renewed strength to build.
In this area, while in consolidation, no more triggers will be acknowledged until the consolidation is broken.
The consolidation zone is very tight for this index. SO we will not have to wait long as the ATR (Average Trade Range) is ~109/day.
In Bear Territory
Price Projection: 8104
HMA: Bear/Cover Short
BSI: Bearish
Bull RSI: Neutral
Bear RSI: Neutral
5 RSI: Positive
Consolidation: 8065 - 7833 (re-established)
Price- Trend: .1x ATR
The prices closed in a zone of indecisiveness - this generally suggests covering shorts as it waits for renewed strength to build.
In this area, while in consolidation, no more triggers will be acknowledged until the consolidation is broken.
The consolidation zone is very tight for this index. SO we will not have to wait long as the ATR (Average Trade Range) is ~109/day.
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.