Indices (Weekly chart) Dow Transportation closed at 11096.97 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 220.31. Intermediate Cycle is positive with rising slope. Short term cycle is positive with rising slope. Market direction:- Buy. It is in a weekly Squeeze. Fractal Bias – […]
Indices (Weekly chart) Dow Transportation closed at 10957.18 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 430.84. Intermediate Cycle is positive with falling slope. Short term cycle is positive with rising slope. Market direction:- Neutral. It is in a weekly Squeeze.
Indices (Weekly chart) Dow Transportation closed at 10741.50 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 422.32. Intermediate Cycle is positive with falling slope. Short term cycle is positive and rising slope. Market direction:- Sell. It is in a weekly Squeeze.
Indices (Weekly chart) Dow Transportation closed at 10546.41 with a doji candle below its 8 EMA, 21 EMA and above its 50 SMA. Weekly trading range was 307.26. Intermediate Cycle is positive with falling slope. Short term cycle is negative and falling slope. Market direction:- Sell.
Indices (Weekly chart) Dow Transportation closed at 10473.93 with a bullish candle below its 8 EMA and 21 EMA and above its 50 SMA. Weekly trading range was 228.63. Intermediate Cycle is positive with falling slope. Short term cycle is negative and falling slope. BuySellTimer is in its negative cycle. Market direction:- Sell.
Indices (Weekly chart) Dow Transportation closed at 10344.90 with a bearish marubozu candle below its 8 EMA and 21 EMA and above its 50 SMA. Weekly trading range was 558.79. BuySellTimer is in its negative cycle. TSI is in its positive cycle and negative slope. Market direction: Intermediate – Sell. Current – Sell/Sell.
Indices (Weekly chart) Dow Transportation closed at 10773.20 with a bearish candle below its 8 EMA and above its 21 EMA and 50 SMA. Weekly trading range was 336.05. BuySellTimer is in its positive cycle. TSI is in its positive cycle and negative slope. Market direction: Intermediate – Buy. Current – Neutral/Buy.
Indices (Weekly chart) Dow Transportation closed at 11073.99 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 212.72. BuySellTimer is in its positive cycle. TSI is in its positive cycle and positive slope. Market direction: Intermediate – Buy. Current – Buy/Buy.
Indices (Weekly chart) Dow Transportation closed at 10893.97 with a doji candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 263.8. BuySellTimer is in its positive cycle. TSI is in its positive cycle and positive slope. Market direction: Intermediate – Buy. Current – Buy/Buy.
Indices (Weekly chart) Dow Transportation closed at 10900.06 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 320.35. BuySellTimer is in its positive cycle. TSI is in its positive cycle and positive slope. Market direction: Intermediate – Buy. Current – Buy/Buy.
3 August 2018 – A positive week for the indices
Indices (Weekly chart) Dow Transportation closed at 11096.97 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 220.31. Intermediate Cycle is positive with rising slope. Short term cycle is positive with rising slope. Market direction:- Buy. It is in a weekly Squeeze. Fractal Bias – […]
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