priceprophet

NDX End Of Week Evaluation

TVC:NDQ   US 100 Index
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 short positions

Price Action:
Weekly: The average price range currently is 689.7 points/ticks/pips. Prices are currently 2x the normal trading range.
Prices have broken through the high value of the consolidaiton range.

Standard Deviation
Weekly: Standard deviation suggests a range from 9486.9 to 11196.9 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 10341.90 to 11295.07 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 10768
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, 30.00% are bearish, 0.00% are neutral

The CCI indicator trading strategy suggest the following:
Weekly: Very strongly bullish - shorts closed.

Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bearish - Close/Cover directional trades, profit taking/trend switch in process.

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