The Weekly VC Price Momentum Indicator
Signals are automatically generated by integrating electronic prices and weekly statistics with proprietary algorithms.
WEEKLY SUMMARY
TREND MOMENTUM: 34.68 Bullish
PRICE MOMENTUM: 38.84 Bullish
PRICE INDICATOR:
EXIT LONG
S2) 44.07
S1) 41.71
EXIT SHORTS:
B1) 36.47
B2) 33.60
WEEKLY MOVING AVERAGES
The contract closed at 39.35 The market closing above the 9 SMA 34.68 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.
WEEKLY MOMENTUM INDICATOR
With the market closing above The VC Weekly Price Momentum Indicator of 38.84 it confirms that the price momentum is bullish. A close below the VC Weekly, it would negate the bullish signal to neutral.
WEEKLY PRICE INDICATOR
Cover short on corrections at the 36.47 – 33.60 levels and go long on a weekly reversal stop. If long, use the 33.60 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 41.71 – 44.07 levels during the week.
WEEKLY SUMMARY
TREND MOMENTUM: 1934 Bullish
PRICE MOMENTUM: 2026 Bullish
PRICE INDICATOR:
EXIT LONGS:
2) 2074
1) 2056
EXIT SHORTS:
2008
- 1978
WEEKLY MOVING AVERAGES
The contract closed at 2039 The market closing above the 9 SMA 1934 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.
WEEKLY MOMENTUM INDICATOR
With the market closing above The VC Weekly Price Momentum Indicator of 2026 it confirms that the price momentum is bullish. A close below the VC Weekly, it would negate the bullish signal to neutral.
WEEKLY PRICE INDICATOR
Cover short on corrections at the 2008 – 1978 levels and go long on a weekly reversal stop. If long, use the 1978 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 2056 – 2074 levels during the week.
Direxion Daily Gold Miners Bear 3X Shares (NYSE:DUST)
WEEKLY SUMMARY
TREND MOMENTUM: 3.57 Bearish
PRICE MOMENTUM: 3.12 Bullish
PRICE INDICATOR:
EXIT LONGS:
S2) 3.39
S1) 3.27
EXIT SHORTs
B1) 3.14
B2) 2.69
WEEKLY MOVING AVERAGES
The contract closed at 3.14. The market closing below the 9 SMA 3.57 is confirmation that the trend momentum is bearish. A close above the 9 SMA would negate the weekly bearish short-term trend to neutral.
WEEKLY MOMENTUM INDICATOR
With the market closing above The VC Weekly Price Momentum Indicator of 3.12 it confirms that the price momentum is bullish. A close below the VC Weekly, it would negate the bullish signal to neutral.
WEEKLY PRICE INDICATOR
Cover short on corrections at the 2.99 – 2.86 levels and go long on a weekly reversal stop. If long, use the 2.86 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 3.26 – 3.39 levels during the week.
WEEKLY SUMMARY
TREND MOMENTUM: 8.77 Bullish
PRICE MOMENTUM: 8.89 Bearish
PRICE INDICATOR:
EXIT LONGS:
2) 9.11
1) 9.02
EXIT SHORTS
- 8.80
- 8.67
WEEKLY MOVING AVERAGES
The contract closed at 8.94The market closing above the 9 SMA 8.77 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.
WEEKLY MOMENTUM INDICATOR
With the market closing above The VC Weekly Price Momentum Indicator of 8.89 it confirms that the price momentum is bullish. A close below the VC Weekly, it would negate the bullish signal to neutral.
WEEKLY PRICE INDICATOR
Cover short on corrections at the 8.80 – 8.67 levels and go long on a weekly reversal stop. If long, use the 8.67 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 9.02 – 9.10 levels during the week.
Direxion Daily Junior Gold Miners Bull 3X Shares (NYSE:JNUG)
WEEKLY SUMMARY
TREND MOMENTUM: 49.20 Bullish
PRICE MOMENTUM: 73.67 Bullish
PRICE INDICATOR:
EXIT LONGS:
2) 98.72
1) 85.16
EXIT SHORTS:
- 60.12
- 48.64
WEEKLY MOVING AVERAGES
The contract closed at 71.61. The market closing above the 9 SMA 49.20 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.
WEEKLY MOMENTUM INDICATOR
With the market closing below The VC Weekly Price Momentum Indicator of 73.67, it confirms that the price momentum is bullish. A close below the VC Weekly, it would negate the bullish signal to neutral.
WEEKLY PRICE INDICATOR
Cover short on corrections at the 60.12 – 48.64 levels and go long on a weekly reversal stop. If long, use the 48.64 as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 85.16 – 98.72 levels during the week.
Direxion Daily Gold Miners Bull 3X Shares (NYSE:NUGT)
WEEKLY SUMMARY
TREND MOMENTUM: 43.52 Bullish
PRICE MOMENTUM: 61.23 Bearish
PRICE INDICATOR:
EXIT LONGS:
2) 79.54
1) 70.65
EXIT SHORTS
1) 52.43
2) 43.10
WEEKLY MOVING AVERAGES
The contract closed at 61.75 The market closing above the 9 SMA 43.52 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.
WEEKLY MOMENTUM INDICATOR
With the market closing below The below VC Weekly Price Momentum Indicator of 61.32, it confirms that the price momentum is bearish. A close above the VC Weekly, it would negate the bearish signal to neutral.
WEEKLY PRICE INDICATOR
Cover short on corrections at the 52.43 – 43.10 levels and go long on a weekly reversal stop. If long, use the 43.10 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 70.65 – 79.54 levels during the week.
VelocityShares 3x Long Silver linked to S&P GSCI Silver ER Exp 14 Oct 2031 (NASDAQ:USLV)
WEEKLY SUMMARY
TREND MOMENTUM: 12.01 Bullish
PRICE MOMENTUM: 13.16 Bullish
PRICE INDICATOR:
EXIT LONGS:
2) 14.55
1) 13.85
EXIT SHORTS
1) 12.46
2) 11.77
WEEKLY MOVING AVERAGES
The contract closed at 13.15. The market closing above the 9 SMA 12.01 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.
WEEKLY MOMENTUM INDICATOR
With the market closing below The VC Weekly Price Momentum Indicator of 13.16, it confirms that the price momentum is bearish. A close above the VC Weekly, it would negate the bearish signal to neutral.
WEEKLY PRICE INDICATOR
Cover short on corrections at the 12.46 – 11.77 levels and go long on a weekly reversal stop. If long, use the 11.77 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 13.85 – 14.55 levels during the week.
ProShares Ultra Bloomberg Crude Oil (NYSE:UCO)
WEEKLY SUMMARY
TREND MOMENTUM: 8.29 Bullish
PRICE MOMENTUM: 9.67 Bullish
PRICE INDICATOR:
EXIT LONGS:
1) 10.78
1) 10.35
EXIT SHORTS
1) 9.24
2) 8.56
WEEKLY MOVING AVERAGES
The contract closed at 9.92. The market closing above the 9 SMA 8.29 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.
WEEKLY MOMENTUM INDICATOR
With the market closing above The VC Weekly Price Momentum Indicator of 9.67, it confirms that the price momentum is bullish. A close below the VC Weekly, it would negate the bullish signal to neutral.
WEEKLY PRICE INDICATOR
Cover short on corrections at the 9.24 – 8.56 levels and go long on a weekly reversal stop. If long, use the 8.56 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 10.35 – 10.78 levels during the week.