Daily Data Summary Suggests:
Current Daily Trend is Bearish
The anticipated upcoming trade range is between 1463.84 - 1494.36
If WTI is capable of maintaining the current strength as of today, there is a projected daily target price of 52.80
The prices are moving with the Trending Moving Average at a standard pace with a moderate market
The RSI that monitors bullish strength has a current daily reading of: Neutral Bear
The RSI that monitors bearish strength has a current daily reading of: Bearish
The strength demonstrated over the last 5 days is currently: Bearish
Price Consolidation has re-established itself between: 1459.23 - 1555.33
Current chart score suggests a Bearish Market is present.
Comments:
Today, if the low is not broken, there exists a possibility of what is a adjustment bar. The current bar stays between the previous bar HIGH and LOW. In doing so, the trade day is only adjusting the position of the close in order to forecast future movement.
** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **
Current Daily Trend is Bearish
The anticipated upcoming trade range is between 1463.84 - 1494.36
If WTI is capable of maintaining the current strength as of today, there is a projected daily target price of 52.80
The prices are moving with the Trending Moving Average at a standard pace with a moderate market
The RSI that monitors bullish strength has a current daily reading of: Neutral Bear
The RSI that monitors bearish strength has a current daily reading of: Bearish
The strength demonstrated over the last 5 days is currently: Bearish
Price Consolidation has re-established itself between: 1459.23 - 1555.33
Current chart score suggests a Bearish Market is present.
Comments:
Today, if the low is not broken, there exists a possibility of what is a adjustment bar. The current bar stays between the previous bar HIGH and LOW. In doing so, the trade day is only adjusting the position of the close in order to forecast future movement.
** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **