DJI End Of Week Evaluation

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*** Comments prior to evaluation summary ***
SWIFT Projected Range for coming week: 28444.3 - 29835.6 (Mean: 29139.9)

Trend Analysis:
The current trend is defined by the last price and it's relationship to specific moving averages.
Check the MA strategy for more specific suggestions.
Weekly: The relationship to the primary trend MA is bullish. The price in relationship to the other averages suggest long positions

Price Action:
Weekly: The average price range currently is 1053.1 points/ticks/pips. Prices are currently 1.5x the normal trading range. Prices are trading within the mean range for activity. This generally indicates a healthy trading range.
Prices are currently caught in consolidation between 26537 and 29199.4.
While in consolidation the trade range may decrease to 650.754 points/ticks/pips.


Standard Deviation
Weekly: Standard deviation suggests a range from 27476.7 to 29697.1 for the following week.

Calculated Price Strength:
The strength of the trend in conjunction with specific averages
Weekly: Trend strength suggests a trade range of 28060.35 to 29237.72 for the following week.

Price Projection:
The price action has generated a projection signal for the underlying.
Weekly: Price currently displays (if strength and attitude continue) a desire to move toward 30413.73
If strength and attitude continue, it could take between 3 to 6 trade periods (weeks) to reach the projection.

Indicators Summary.
A collection of technical indicators whose directional attitude has been summarized.
Weekly: Out of the cumulative indicators monitored, 80.00% are bullish, 10.00% are bearish, 10.00% are neutral

The CCI indicator trading strategy suggest the following:
Weekly: Strongly bullish - No entries at this time. If in, consider covering..

Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bullish - Open directional trades

Penafian

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