WTI Update for 3 September 2019

Daily for 3 September 2019
In Bear territory.

Price Projection: 51.43 - 49.76
HMA: Bear
Bull RSI: Neutral
Bear RSI: Bearish
BSI: Bearish
5 RSI: Negative
Consolidation: Broken to the low
Price-Trend: .71x ATR

Directionally challenged due to world economic events. The market has been flat since ~August 1 and trading in a 4 point range. Use weekly consolidation to identify current range.

** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **