Tags » Trend Line

Waiting on Final Confirmation

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

Looking at the Dollar & Gold

Yesterday we looked at gold’s intermediate cycle and discussed how gold was on the precipice of an intermediate decline. Today we will look at where the dollar is in its intermediate cycle. 242 more words

The 5/13/16 Weekend Report Preview

The Dollar
http://postimg.org/image/8jp4ugbcv/

The dollar is currently in a daily down trend as characterized by peaks below the upper daily cycle band and lows below the lower daily cycle band. 247 more words

Still Waiting

Stocks printed a bullish reversal on Friday, day 58. That was deep in its timing band for a daily cycle low. While stocks did close above the upper daily cycle band on Tuesday, we are still waiting on confirmation for the new daily cycle. 119 more words

Cycle Low Signs Adding Up

The signs are adding that stocks have left behind a daily cycle low.

Stocks printed their lowest point on Friday. That was day 58 which placed stocks deep in their timing band to print a daily cycle low. 314 more words

Miner Reaction

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

The 5/06/16 Weekend Report Preview

The Dollar
http://postimg.org/image/8jp4ugbcv/

The dollar’s daily cycle peaked on day 2, locking in an extremely left translated daily cycle formation.

The dollar printed its lowest point on Tuesday, day 15. 221 more words