Crude Oil Price Momentum: Bullish

Price Momentum Indicator: ETFs, Stocks & Futures Swings Report
Trading Instructions June 30,201 7

Signals are automatically generated by integrating electronic
weekly
statistics with proprietary algorithms.

WEEKLY SUMMARY

TREND MOMENTUM: 47.37 Bearish
PRICE MOMENTUM: 45.24 Bullish
PRICE INDICATOR
EXIT LONG:
S2) 48.93
S1) 47.61
EXIT SHORTS:
B1) 43.92
B2) 41.55

WEEKLY TREND MOMENTUM

The contract closed at 46.29 The market closing below the 9 SMA 47.37 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 PRICE MOMENTUM

With the market closing above The VC Weekly Price Momentum Indicator of 45.24 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 43.92 – 41.55 levels and go long on a weekly reversal stop. If long, use the 41.55 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 47.61 – 48.93 levels during the week.

ES

WEEKLY SUMMARY

TREND MOMENTUM: 2408 Bullish
PRICE MOMENTUM: 2424 Bearish
PRICE INDICATOR

EXIT LONGS:

2) 2470
1) 2445

EXIT SHORTS:

1) 2399
2) 2378

WEEKLY TREND MOMENTUM

The contract closed at 2421. The market closing above the 9 SMA 2408 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 PRICE MOMENTUM

With the market closing below The VC Weekly Price Momentum Indicator of 2424 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 2399 – 2378 levels and go long on a weekly reversal stop. If long, use the 2378 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 2445 – 2470 levels during the week.

FFMGF

WEEKLY SUMMARY
TREND MOMENTUM: 0.50 Bullish
PRICE MOMENTUM: 0.52 Bearish
PRICE INDICATOR

EXIT LONGS:
S2) 0.61
S1) 0.55

EXIT SHORTS
B1) 0.46
B2) 0.43

WEEKLY TREND MOMENTUM

The contract closed at 0.50. The market closing at the 9 SMA 0.50 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 PRICE MOMENTUM

With the market closing below The VC Weekly Price Momentum Indicator of 0.51 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 0.46 – 0.43 levels and go long on a weekly reversal stop. If long, use the 0.43 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 0.55 – 0.61 levels during the week.

MUX

WEEKLY SUMMARY

TREND MOMENTUM: 2.70 Bearish
PRICE MOMENTUM: 2.65 Bearish
PRICE INDICATOR
EXIT LONGS:
S2) 2.82
S1) 2.72
EXIT SHORTS
B1) 2.55
B2) 2.48
WEEKLY TREND MOMENTUM
The contract closed at 2.63 The market closing below the 9 SMA 2.70 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 PRICE MOMENTUM
With the market closing below The VC Weekly Price Momentum Indicator of 2.65 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 2.55 – 2.48 levels and go long on a weekly reversal stop. If long, use the 2.48 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 2.72 – 2.82 levels during the week.
JNUG

WEEKLY SUMMARY
TREND MOMENTUM: 17.90 Bullish
PRICE MOMENTUM: 18.87 Bearish
PRICE INDICATOR
EXIT LONGS:
2) 20.86
1) 19.74
EXIT SHORTS:

WEEKLY TREND MOMENTUM
The contract closed at 18.85 The market closing above the 9 SMA 17.90 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend signal to neutral.
WEEKLY PRICE MOMENTUM
With the market closing below The VC Weekly Price Momentum Indicator of 18.87 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 17.75 – 16.88 levels and go long on a weekly reversal stop. If long, use the 16.88 as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 19.74 – 20.86 levels during the week.
NUGT
WEEKLY SUMMARY
TREND MOMENTUM: 32.91 Bearish
PRICE MOMENTUM: 31.50 Bearish
PRICE INDICATOR:
EXIT LONGS
2) 35.44
1) 32.85
EXIT SHORTS
1) 28.56
2) 26.86
WEEKLY TREND MOMENTUM
The contract closed at 30.26 The market closing below the 9 SMA 32.91 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 PRICE MOMENTUM
With the market closing below The VC Weekly Price Momentum Indicator of 31.15, 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 28.56 – 26.86 levels and go long on a weekly reversal stop. If long, use the 26.86 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 32.85 – 35.44 levels during the week.

USLV
WEEKLY SUMMARY
TREND MOMENTUM: 12.56 Bearish
PRICE MOMENTUM: 11.97 Bearish
PRICE INDICATOR:
EXIT LONGS:
2) 12.58
1) 12.21
EXIT SHORTS
1) 11.60
2) 11.36
WEEKLY TREND MOMENTUM
The contract closed at 11.84. The market closing below the 9 SMA 12.56 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 PRICE MOMENTUM
With the market closing below The VC Weekly Price Momentum Indicator of 11.97 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 11.60 – 11.36 levels and go long on a weekly reversal stop. If long, use the 11.36 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 12.21 – 12.58 levels during the week.
TGB
WEEKLY SUMMARY
TREND MOMENTUM: 1.21 Bullish
PRICE MOMENTUM: 1.24 Bullish
PRICE INDICATOR:
EXIT LONGS:
1) 1.37
1) 1.32
EXIT SHORTS
1) 1.19
2) 1.11
WEEKLY MOVING AVERAGES
The contract closed at 1.27. The market closing above the 9 SMA 1.21 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 1.24, 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 1.19 1.11 levels and go long on a weekly reversal stop. If long, use the 1.11 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 1.32 – 1.37 levels during the week.
SPY (NYSE:)
WEEKLY SUMMARY
TREND MOMENTUM: 241.13 Bearish
PRICE MOMENTUM: 243.42 Bearish
PRICE INDICATOR:
EXIT LONGS:
1) 245.74
1) 244.44
EXIT SHORTS
1) 242.12
2) 241.10
WEEKLY MOVING AVERAGES
The contract closed at 243.80. The market closing above the 9 SMA 240.76 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 242, 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 239 – 237 levels and go long on a weekly reversal stop. If long, use the 237 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 244.12 – 246 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. This report is for educational purposes only.

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