DeMark Projected Range Commodities Technical Analysis and DeMark Projected Range Trading Signals

Developed by Tom Demark.

This commodity indicator is used to signal the potential high and low commodities trading prices that a commodity chart price is likely to reach.

This is referred to as the range projection and it is calculated using the open and the close commodities trading prices of the most recent commodities trading price period.

DeMark Projected Range

Commodity Technical Analysis & How to Generate Trading Signals

This commodity indicator will show two points, the projected high and the projected low of a specific commodities trading price period. This will be used as the reference point.

Bullish Up commodities trading trend Signal

If the next commodities trading price bar opens above the projected high then the commodity market will continue in an upwards Commodities trend.

Bearish down commodity trend Signal

If the next commodities trading price bar opens below the projected low then the commodity market will continue in a downwards Commodities trend.

Ranging Commodity Trading Market

If the next commodities trading price bar opens within the projected range, then this is a signal that the commodity market will remain in a range base.