Stocks have been checking off the list of conditions that precede a daily cycle low.
Timing Band – Check
Swing Low – Check
Bullish divergence on the True Strength Indicator – Check… 140 more words
The dollar continued to rally today.
The dollar printed a bullish reversal last Tuesday. Even though 15 days is shy of the normal timing band for a daily cycle low, we discussed the possibility of an early daily cycle low due to the dollar being very deep in its intermediate cycle. 307 more words