• Week in Review: November 16 - 20, 2009 Nov 20th, 2009, 17:41 - PSM (Length: 3397)
• Weekly Market Wrap: November 20, 2009 Nov 20th, 2009, 17:10 - MNV (Length: 3048)
• U.S. markets head lower Friday Nov 20th, 2009, 10:07 - UPI (Length: 1103)
• Analyst Choice Initiates Market Analysis on Healthcare, Technology and Consumer Goods Sectors Nov 20th, 2009, 08:14 - INW (Length: 2437)
• Don't count on $A's steady appreciation Nov 19th, 2009, 16:54 - ABX (Length: 561)
• U.S. markets stumble Thursday Nov 19th, 2009, 13:25 - UPI (Length: 1192)
• UPI NewsTrack Business Nov 19th, 2009, 11:31 - UPI (Length: 3877)
• Miners' rise raises bubble fears Nov 18th, 2009, 16:39 - ABX (Length: 543)
• U.S. markets lower on construction news Nov 18th, 2009, 13:49 - UPI (Length: 1223)
• Canadian Forex Midday: C$ Trades Near Unchanged Nov 18th, 2009, 13:00 - RNI (Length: 1231)

[ More US Dollar Index News ]

Analysis

Fri 11/20/09

Mov Avg 3 lines Indicator:

Note: In evaluating the short term, plot1 represents the fast moving average, and plot2 is the slow moving average. For the longer term analysis, plot2 is the fast moving average and plot3 is the slow moving average

Conventional Interpretation - Short Term: The market is bullish because the fast moving average is above the slow moving average.

Additional Analysis - Short Term: The market is EXTREMELY BULLISH. Everything in this indicator is pointing to higher prices: the fast average is above the slow average; the fast average is on an upward slope from the previous bar; the slow average is on an upward slope from the previous bar; and price is above the fast average and the slow average.

Conventional Interpretation - Long Term: The market is bearish because the fast moving average is below the slow moving average.

Additional Analysis - Long Term: Recently the market has been extremely bearish, however currently the market has lost a some of its bearishness due to the following: the fast moving average slope is up from previous bar, price is above the fast moving average, price is above the slow moving average. Its possible that we may see a market rally here. if so, the rally might turn out to be a good short selling opportunity.

Mov Avg-Exponential Indicator:

Conventional Interpretation: Price is above the moving average so the trend is up.

Additional Analysis: CAUTION: The market trend has changed direction. Now the trend is UP!

Swing Index Indicator:

Conventional Interpretation: The swing index is most often used to identify bars where the market is likely to change direction. A signal is generated when the swing index crosses zero. No signal has been generated here.

Additional Analysis: No additional interpretation.

Volatility Indicator: Volatility is trending up based on a 9 bar moving average.

Open Interest Indicator: Open Interest is trending up based on a 9 bar moving average. This is normal as delivery approaches and indicates increased liquidity.

Important: This commentary is designed solely as a training tool for the understanding of technical analysis of the financial markets. It is not designed to provide any investment or other professional advice.