*** Comments prior to evaluation summary ***
Orion:4Sight Range for coming week: 35.40 - 41.52 (Mean: 38.46)
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 bearish. The price in relationship to the other averages suggest close current positions.
Price Action:
Weekly: The average price range currently is 3.39 points/ticks/pips. Prices are currently .45x 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 35.70 to 39.06 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 35.28 to 39.48 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 32.72
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, 9.09% are bullish, 72.73% are bearish, 18.18% are neutral
The CCI indicator trading strategy suggest the following:
Weekly: Strongly bearish - short entries.
Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bearish - Close/Cover directional trades
Orion:4Sight Range for coming week: 35.40 - 41.52 (Mean: 38.46)
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 bearish. The price in relationship to the other averages suggest close current positions.
Price Action:
Weekly: The average price range currently is 3.39 points/ticks/pips. Prices are currently .45x 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 35.70 to 39.06 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 35.28 to 39.48 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 32.72
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, 9.09% are bullish, 72.73% are bearish, 18.18% are neutral
The CCI indicator trading strategy suggest the following:
Weekly: Strongly bearish - short entries.
Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bearish - Close/Cover directional trades