A swift evaluation is conducted based on a single day without look back.
NDX is currently in a bull trend.
Prices are trading in a range of approximately 541 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 10816.76 - 11485.44.
Prices are consolidating between 10677.8 - 12439.5.
If strength and trend continue, NDX is trying to reach 11440.34.
It could take between 1 to 2 trade periods to reach the projection.
Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 10339.60
The trend moving average: 10455.8
------Additional Comments:
Standard Deviation for following week: 10306.5 - 11995.8
Forecasted Range for following week: 11045.4 - 11599.2 (Targeted Mean = 11322.3)
NDX is currently in a bull trend.
Prices are trading in a range of approximately 541 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 10816.76 - 11485.44.
Prices are consolidating between 10677.8 - 12439.5.
If strength and trend continue, NDX is trying to reach 11440.34.
It could take between 1 to 2 trade periods to reach the projection.
Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 10339.60
The trend moving average: 10455.8
------Additional Comments:
Standard Deviation for following week: 10306.5 - 11995.8
Forecasted Range for following week: 11045.4 - 11599.2 (Targeted Mean = 11322.3)