The VC Price Momentum Indicator
Signals are automatically generated by integrating electronic yearly, monthly and weekly statistics with proprietary algorithms.
YEARLY OUTLOOK
The yearly algorithms are in a new set up mode between 1086 and 1035. (The extreme B1 and B2 levels below the mean) A close above 1086 will trigger a yearly buy signal with a 1035 yearly stop close only and projects an initial target of 1156 (The mean or VC Code). A close above 1156 activates the upper targets above the mean of 1207 to 1277 (The S1 and S2 yearly levels).
MONTHLY OUTLOOK
The monthly algorithms are in a bullish mode at 1058 – 1029. (The extreme B1 and B2 levels below the mean) The close above 1058 triggered a monthly buy signal with a 1029 monthly stop close only and projects an initial target of 1064 (The mean or VC code). A close above 1064 activates the upper targets above the mean of 1084 – 1107 (The S1 and S2 monthly levels).
WEEKLY OUTLOOK
The weekly algorithms are in a bullish mode between 1053 – 1045. (The extreme B1 and B2 below the mean) The close above 1053 triggered the weekly uptrend with a 1045 weekly stop close only and projects an initial target of 1065 ( The mean or VC code). A close above 1065 activates the upper targets above the mean of 1073 – 1085 (The S1 and S2 weekly levels).
YEARLY OUTLOOK
The yearly algorithms are in a new set up mode between 13.83 and 12.42. (The extreme B1 and B2 levels below the mean) A close above 13.83 will trigger a yearly buy signal with a 12.42 yearly stop close only and projects an initial target of 15.76 ( The mean or VC Code). A close above 15.76 activates the upper targets above the mean of 17.16 – 19.10 (The S1 and S2 yearly levels).
MONTHLY OUTLOOK
The monthly algorithms are in a new set up mode between 14.50 and 13.42. (The extreme B1 and B2 levels below the mean) A close above 14.50 will trigger a monthly buy signal with a 13.42 monthly stop close only and projects an initial target of 15.43 ( The mean or VC code). A close above 15.43 activates the upper targets above the mean of 16.50 – 17.44 (The S1 and S2 monthly levels).
WEEKLY OUTLOOK
The weekly algorithms are in a new set up mode between 13.40 – 13 (The extreme B1 and B2 below the mean) A close above 13.40 will activate the weekly uptrend with a 13 weekly stop close only and projects an initial target of 14.02 ( The mean or VC code). A close above 14.02 activates the upper targets above the mean of 14.42 – 15.04 (The S1 and S2 weekly levels).
The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed herein constitutes a solicitation of the purchase or sale of any futures or options contracts.