SPX Update week ending 16 August 2019

Week Ending 16 August 2019

The week is neutral bullish, the daily is bearish.

Projected range for upcoming week: 2845 - 2936

Weekly Data.
In Bull Territory.
Price Projection: Daily Only
HMA: Neutral Bear
BSI: Bearish
Bull RSI: Neutral
Bear RSI: Neutral
5 RSI: Negative
Consolidation: 2822- 3025
Price-Trend: .04x ATR


Daily Data for Wednesday 16 August 2019
In Bear Territory
Price Projection: 2776
HMA: Strong Bear
BSI: Bearish
Bull RSI: Neutral
Bear RSI: Bear
5 RSI: Negative
Consolidation: 2825 - 2894
Price- Trend:.82x ATR