DJI Update for week ending 23 August 2019

118
Week 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.

Penafian

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