*** Comments prior to evaluation summary ***
APTR Bands Range: 39.15 - 45.69
Orion:4Sight Range: 41.79 - 47.97 (Mean: 44.88)
The trading zone calculations are narrowing. The Standard deviation, forecast zones and other calculations which a based on a historical window of movement have become very narrow.
This is because WTI has been in consolidation for the last 21 weeks. Because of this, the trending moving average (usually a 21 period) is near the mean of the consolidation range. Until the consolidation is broken, the prices would being switching between neutral bull and neutral bear probably on a weekly frequency.
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 3.27 points/ticks/pips. Prices are currently .98x the normal trading range. Prices are trading within the mean range for activity. This generally indicates a consolidation of strength/indecision in the market regarding direction.
Prices are currently caught in consolidation between 33.67 and 43.75.
While in consolidation the trade range may decrease to 1.854 points/ticks/pips.
Standard Deviation
Weekly: Standard deviation suggests a range from 40.82 to 44.02 for the following week.
Calculated Price Strength:
The strength of the trend in conjunction with specific averages.
News announcements can change the strength and directional attitude.
Weekly: Trend strength suggests trading between a range of 40.40 to 44.44 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 44.44
If strength and attitude continue, it could take between 2 to 4 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, 70.00% are bullish, 0.00% are bearish, 30.00% 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
APTR Bands Range: 39.15 - 45.69
Orion:4Sight Range: 41.79 - 47.97 (Mean: 44.88)
The trading zone calculations are narrowing. The Standard deviation, forecast zones and other calculations which a based on a historical window of movement have become very narrow.
This is because WTI has been in consolidation for the last 21 weeks. Because of this, the trending moving average (usually a 21 period) is near the mean of the consolidation range. Until the consolidation is broken, the prices would being switching between neutral bull and neutral bear probably on a weekly frequency.
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 3.27 points/ticks/pips. Prices are currently .98x the normal trading range. Prices are trading within the mean range for activity. This generally indicates a consolidation of strength/indecision in the market regarding direction.
Prices are currently caught in consolidation between 33.67 and 43.75.
While in consolidation the trade range may decrease to 1.854 points/ticks/pips.
Standard Deviation
Weekly: Standard deviation suggests a range from 40.82 to 44.02 for the following week.
Calculated Price Strength:
The strength of the trend in conjunction with specific averages.
News announcements can change the strength and directional attitude.
Weekly: Trend strength suggests trading between a range of 40.40 to 44.44 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 44.44
If strength and attitude continue, it could take between 2 to 4 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, 70.00% are bullish, 0.00% are bearish, 30.00% 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