WTI Update week ending 16 August 2019

Week Ending 16 August 2019

The week is bearish, the daily is bearish.

Projected range for upcoming week: 52.31 - 57.48

Weekly Data.
In Bear Territory.
Price Projection: Daily Only
HMA: Strong Bear
BSI: Bearish
Bull RSI: Neutral
Bear RSI: Neutral
5 RSI: Negative
Consolidation: 50.55 - 60.91
Price-Trend: .61x ATR


Daily Data for Wednesday 16 August 2019
In Bear Territory
Price Projection: 53.27
HMA: Neutral Bear
BSI: Bearish
Bull RSI: Neutral
Bear RSI: Neutral
5 RSI: Negative
Consolidation: 53.98 - 57.43
Price- Trend: .33x ATR