BTC - CME Daily Market Report - Medium Bear Mode

Strategydb believe that standardized and repetitive analysis instills discipline in trading. Reports list major areas of interest that should be considered when performing technical analysis and / or creating a trading plan.



Market Mode of Behavior: BTC : CME : 10460 : Macro: Eight specific set-ups that dictate the current trading strategy...
Currently, this market meets the Medium Bear Mode criteria. Price is trending lower.

For the entire data set this market has been in Medium Bear Mode 2.92% of the time.

The average number of bars spent in this Mode before transitioning normally = 1. Since the current number of bars in Mode = 7, this market may transition into a new behavior soon.

The average price growth during this behavior is approximately = 28. This is compared to the current price growth of 195. Based upon the closing price of the most recent bar, price growth has yet to be met.

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Transitions & Time: BTC : CME : 10460 : Macro: Background on the current Mode of Behavior...
Transition from Volatile Bull Mode occurred 7 bar(s) ago.

According to our signal logic, this transition occurred normally and triggered on the shortest time frame. This VBUMBE transition occurs very often.

Possessing knowledge of the preceding Mode of Behavior as well as the most likely subsequent Mode assists in executing current strategies, exits, and setups for the next trade.

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Standard Analysis: BTC : CME : 10460 : Macro: A closer look at the current Mode of Behavior...
The current bar's close at 10460 demonstrates that prices should continue lower.

Cautionary price levels 20.45% below the market are outside the Average True Range price percentage window of 6.29%, currently lowering the short-term probability of transitioning out of Medium Bear Mode.

The Average True Range price percentage window is simply a function of the 16 bar Average True Range, divided by the underlying's closing price of the last bar. Cautionary price levels are proprietary. Prices in this region indicate possible Mode transitions.

Volatility based on the 30 day standard deviation = 66.39%. Volatility based upon the 30 day Average True Range = 658 points, (based upon the underlying's price scale.)

The price change versus 1 week ago = 810. The price change versus 1 month ago = 810. The price change versus 1 year ago = 6270.

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Advice: BTC : CME : 10460 : Macro: Straight-forward wisdom on how to position for near-term profits...
Alert! Transactions in FOREX, Futures, and Stocks, carry a high degree of risk. No slippage or commissions are included here or in our Statistics tables. Your FCM will charge you a commission.

Range trade this market from the short side. Sell rallies. Do not trend trade.Place sell orders to establish shorts just below recent highs.

During Medium Bear Mode longer time-frame traders disagree with short and medium time-frame traders. Medium-term banded ranges occur with a bearish slope. (--+)

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Natural Attraction: BTC : CME : 10460 : Macro: Expected tendencies and targets...
During Medium Bear Mode prices should tend towards a point located at 4439.

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Support & Resistance: BTC : CME : 10460 : Macro: Specific trading levels or bands...
SPEEDVIEW TRADING WIDGET

A key level to watch, located at 12260 is exactly 1800 points, or 17.2% away.


Trading Band1 Level = 11612
Trading Band2 Level = 10953
Trading Band3 Level = 10295
Trading Band4 Level = 9637
Trading Band5 Level = 8979
Trading Band6 Level = 8321
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Price Growth / Decay Projections: BTC : CME : 10460 : Macro: Growth / decay projections...
Target#1=7978
Distance=2482
Move=23.7%

Target#2=5118
Distance=5342
Move=51.1%
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Common Technicals: BTC : CME : 10460 : Macro: Values for commonly used technical analysis indicators...
Macro = Daily Bars...


Momentum Indicators

09 Day RSI = 49.63
10 Day RSI = 49.36
14 Day RSI = 49.06

Moving Averages

003 Bar MA = 10640
004 Bar MA = 10680
005 Bar MA = 10474
008 Bar MA = 10244
010 Bar MA = 10294
014 Bar MA = 10369
018 Bar MA = 10406
020 Bar MA = 10551
030 Bar MA = 10659
040 Bar MA = 10625
050 Bar MA = 10884
100 Bar MA = 9475
200 Bar MA = 6945

Oscillators

12,26 Day MACD = -104
9 Day Smoothed MACD = -127
Difference = 23

Volatility

20 Period Bollinger Bands +2 Devs = 11913
20 Period Bollinger Bands -2 Devs = 9322

Volume & Open Interest (Futures)

Volume = 3606
Open Interest (Futures) = 3482

Wilder Parabolic Stop and Reverse

ParabolicSAR = 12270