Chart Analysis

$WTI Continuation Probable Range Result for 2-28-17

$WTI Continuation Probable Range Result for 2-28-17

Range: 53.12 - 55.11

Actual: 53.18 - 54.23

Close: 54.01

Within Range: Yes

Closed in Range: Yes

 

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March 01, 2017

$DJIA #DOW Probable Range Result for 2-28-17

$DJIA #DOW Probable Range Result for 2-28-17

Range: 20726.59 - 20925.00

Actual: 20781.00 - 20841.00

Close: 20812.00

Within Range: Yes

Closed in Range: Yes

 

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March 01, 2017

$SPX Probable Range Result for 2-28-17

$SPX Probable Range Result for 2-28-17

Range: 2343.75 - 2406.25

Actual: 2359.00 - 2368.00

Close: 2364.00

Within Range: Yes

Closed in Range: Yes

I had a comment on Twitter yesterday about the range being a little wide...

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March 01, 2017

$DXY Probable Range Result for 2-28-17

$DXY Probable Range Result for 2-28-17

Range: 100.39 - 101.86

Actual: 100.80 - 101.40

Close: 101.40

Within Range: Yes

Closed in Range: Yes

 

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March 01, 2017

$GOLD Probable Range Result for 2-28-17

$GOLD Probable Range Result for 2-28-17

Range: 1218.75 - 1281.25

Actual: 1248.00 - 1259.00

Close: 1254.00

Within Range: Yes

Closed in Range: Yes

 

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March 01, 2017

$TLT Probable Range for 3-1-17

$TLT Probable Range for 3-1-17

120.7 - 122.6

It looks like this probable range is in for a rough ride today. I typically look at probable range through two lenses:

  1. Does the actual daily range fall within the probable range and;
  2. Does the daily close fall within the probable range

If either both of the above . . .

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March 01, 2017

$WTI Continuation Probable Close for 3-1-17

$WTI Continuation Probable Close for 3-1-17

53.12 - 54.82

 

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March 01, 2017

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