The Weekly VC Price Momentum Indicator
Signals are automatically generated by integrating electronic prices and weekly statistics with proprietary algorithms.
C OIL
WEEKLY SUMMARY
TREND MOMENTUM: 45.53 Bearish
PRICE MOMENTUM: 41.88 Bearish
PRICE INDICATOR:
EXIT LONG
2) 44.93
1) 43.35
EXIT SHORTS:
- 40.30
- 38.83
WEEKLY MOVING AVERAGES
The contract closed at 41.77 The market closing below the 9 SMA 45.53 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 below The VC Weekly Price Momentum Indicator of 41.88 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 40.30 – 38.83 levels and go long on a weekly reversal stop. If long, use the 38.83 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 43.35 – 44.93 levels during the week.
WEEKLY SUMMARY
TREND MOMENTUM: 1166 Bullish
PRICE MOMENTUM: 1193 Bullish
PRICE INDICATOR:
EXIT LONGS:
2) 1224
1) 1213
EXIT SHORTS:
- 1182
- 1162
WEEKLY MOVING AVERAGES
The contract closed at 1202 The market closing below the 9 SMA 1166 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 1193 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 1182 – 1162 levels and go long on a weekly reversal stop. If long, use the 1162 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 1213 – 1224 levels during the week.
WEEKLY SUMMARY
TREND MOMENTUM: 8.77 Bearish
PRICE MOMENTUM: 8.65 Bullish
PRICE INDICATOR:
EXIT LONGS:
2) 8.99
1) 8.66
EXIT SHORTS:
- 8.53
- 8.31
WEEKLY MOVING AVERAGES
The contract closed at 8.74 The market closing below the 9 SMA 8.77 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 8.65 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 8.53 – 8.31 levels and go long on a weekly reversal stop. If long, use the 8.31 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 8.87 – 8.99 levels during the week.
N:JNUG
WEEKLY SUMMARY
TREND MOMENTUM: 44 Bearish
PRICE MOMENTUM: 32.56 Bullish
PRICE INDICATOR:
EXIT LONGS:
1) 34.23
2) 35.67
EXIT SHORTS:
- 30.82
- 28.15
WEEKLY MOVING AVERAGES
The contract closed at 29.82. The market closing below the 9 SMA 40.76 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 below The VC Weekly Price Momentum Indicator of 30.45, 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 28.12.- 26.43 levels and go long on a weekly reversal stop. If long, use the 26.43 as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 32.14 – 35.47 levels during the week.
TO:NUG
WEEKLY SUMMARY
TREND MOMENTUM: 34.09 Bearish
PRICE MOMENTUM: 24.64 Bearish
PRICE INDICATOR:
EXIT LONGS:
2) 28.26
1) 26.18
EXIT SHORTS
1) 22.56
2) 21.02
WEEKLY MOVING AVERAGES
The contract closed at 24.10 The market closing below the 9 SMA 34.09 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 below The VC Weekly Price Momentum Indicator of 24.64, it confirms that the price momentum is bearish. A close above the VC Weekly, it would negate the bullish signal to neutral.
WEEKLY PRICE INDICATOR
Cover short on corrections at the 22.56 – 21.02 levels and go long on a weekly reversal stop. If long, use the 21.02 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 26.18 – 28.26 levels during the week.
O:USLV
WEEKLY SUMMARY
TREND MOMENTUM: 13.31 Bearish
PRICE MOMENTUM: 10.71 Bearish
PRICE INDICATOR:
EXIT LONGS:
2) 11.40
1) 11.00
EXIT SHORTS
1) 10.31
2) 10.02
WEEKLY MOVING AVERAGES
The contract closed at 10.61. The market closing below the 9 SMA 13.31 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 below The VC Weekly Price Momentum Indicator of 10.71, 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 10.31 – 10.02 levels and go long on a weekly reversal stop. If long, use the 10.02 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 10.31 – 10.02 levels during the week.
N:UCO
WEEKLY SUMMARY
TREND MOMENTUM: 21.51 Bearish
PRICE MOMENTUM: 18.22 Bearish
PRICE INDICATOR:
EXIT LONGS:
1) 20.07
1) 19.02
EXIT SHORTS
1) 17.17
2) 16.37
WEEKLY MOVING AVERAGES
The contract closed at 17.97. The market closing below the 9 SMA 21.51 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 below The VC Weekly Price Momentum Indicator of 18.22, 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 17.17 – 16.37 levels and go long on a weekly reversal stop. If long, use the 16.37 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 19.02 – 20.07 levels during the week.
*Disclaimer: 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.