A swift evaluation is conducted based on a single day without look back.
DJI is currently in a bull trend.
Prices are trading in a range of approximately 1097.3 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 26495.87 - 27852.13.
Prices are consolidating between 26534.4 - 29199.4.
If strength and trend continue, DJI is trying to reach 26286.56.
It could take between 1 to 2 trade periods to reach the projection.
Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 25528.05
The trend moving average: 26760.6
------Additional Comments:
Standard Deviation for following week: 26229.8 - 29085
Forecasted Range for following week: 26223.6 - 27627.4 (Targeted Mean = 26925.5 )
DJI is currently in a bull trend.
Prices are trading in a range of approximately 1097.3 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 26495.87 - 27852.13.
Prices are consolidating between 26534.4 - 29199.4.
If strength and trend continue, DJI is trying to reach 26286.56.
It could take between 1 to 2 trade periods to reach the projection.
Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 25528.05
The trend moving average: 26760.6
------Additional Comments:
Standard Deviation for following week: 26229.8 - 29085
Forecasted Range for following week: 26223.6 - 27627.4 (Targeted Mean = 26925.5 )