WTI update for 24 September 2019
Daily Data Summary Suggests:
Current Daily Trend is Bear
The anticipated upcoming trade range is between 55.19 - 58.20
If WTI is capable of maintaining the current strength as of today, there is a projected daily target price of 55.75
Price movement has slowed below the average trade range and are suggesting either a stall for averages to catch the prices or a turn in the prices in the opposite direction
The RSI that monitors bullish strength has a current daily reading of: Neutral Bull
The RSI that monitors bearish strength has a current daily reading of: Neutral Bull
The strength demonstrated over the last 5 days is currently: Bearish
Price Consolidation has formed between: 54.87 - 63.33
The price relationship to the moving averages currently suggest Short positions.
** 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 Bear
The anticipated upcoming trade range is between 55.19 - 58.20
If WTI is capable of maintaining the current strength as of today, there is a projected daily target price of 55.75
Price movement has slowed below the average trade range and are suggesting either a stall for averages to catch the prices or a turn in the prices in the opposite direction
The RSI that monitors bullish strength has a current daily reading of: Neutral Bull
The RSI that monitors bearish strength has a current daily reading of: Neutral Bull
The strength demonstrated over the last 5 days is currently: Bearish
Price Consolidation has formed between: 54.87 - 63.33
The price relationship to the moving averages currently suggest Short positions.
** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **
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