Review of E-MINI EURO (US@EEC.1)
as of Monday, July 25, 2011
Today's Price Action
Change -0.0026 (-0.18%) prices closed lower than they opened. with weak Bids going into the close.
MARKET SENTIMENT
PulseScan Swing Vix
PulseScan: 15.03
Swing Vix: 10.88
The Market Pulse is positive since it is trading above its zero signal line.The PulseScan crossed above the Swing Vix creating a UP Trend Channel as of 6 period(s) ago. The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range.
A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area.
*The last signal was a Over-Bought Sell 31 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.The Swing Vix and price are not diverging.
*Since the last Swing Vix signal, E-MINI EURO's price has increased 1.54% , and has ranged from a high of 1.4414 to a low of 1.3989.
MOMENTUM
MARKET TREND - Currently the TREND is - The UpTrend is still entact with prices holding above trendline support at- 1.3715.
TREND STRENGTH - Bearish KUMO-BREAKDOWN,
TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 1.3715
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 1.3899
The close is currently Above it's Intermediate Term TRENDLINE RETRACEMENT. - 1.4251
The close is currently Above it's Short Term TRENDLINE RETRACEMENT. - 1.4231
INTRADAY PRICE PROJECTIONS
RESISTANCE 1.4387
SUPPORT 1.4302
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 1.4255
PulseWave BreakOut SUPPORT - 1.3925
VOLATILITY
On 7/25/2011, E-MINI EURO closed
below the upper band by 36.2%.
No comments:
Post a Comment