DJI Update 20 August 2019
Daily Data for 20 August 2019
In Bear Territory
Price Projection:
HMA: Bear
BSI: Bearish
Bull RSI: Neutral
Bear RSI: Bear
5 RSI: Negative
Consolidation: 26222.3 - 25339.60 (Re-established after Monday’s break-out)
Price- Trend: .9x ATR
Staying around the mean (witnessed by the .9x ATR). Returned to previous consolidation range after 1 day break out through the high.
In Bear Territory
Price Projection:
HMA: Bear
BSI: Bearish
Bull RSI: Neutral
Bear RSI: Bear
5 RSI: Negative
Consolidation: 26222.3 - 25339.60 (Re-established after Monday’s break-out)
Price- Trend: .9x ATR
Staying around the mean (witnessed by the .9x ATR). Returned to previous consolidation range after 1 day break out through the high.
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