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Schooled

Last Thursday we discussed how the dollar being rejected by the 50 day MA and also losing the 10 day MA was a textbook set up for a decline into a daily cycle low. 277 more words

The 2/17/17 Weekend Report Preview

The Dollar

The dollar broke above the 50 day MA on Wednesday. But then formed a bearish reversal and closed below the 50 day MA. Thursday the dollar formed a swing high to signal the daily cycle decline. 130 more words

The 02/16/17 Morning Report

The dollar was rejected by the 50 day MA on Wednesday.

Wednesday’s bearish reversal eased the parameters for forming a swing high. A swing high has formed overnight. 120 more words

Potential Inflection Points

The dollar has been in a daily downtrend that has been characterized by peaks printing below the upper daily cycle band and lows forming below the lower daily cycle band. 149 more words

The Weekend Report Preview

The Dollar

The dollar closed above the declining trend line on Thursday and delivered bullish follow through on Friday to confirm the new daily cycle. … 214 more words

Oil Breaks Lower

Oil peaked last Thursday, day 16 and formed a swing high on Monday. Then oil broke below the daily cycle trend line on Tuesday to confirm that it has begun its daily cycle decline. 53 more words

The 2/03/17 Weekend Report Preview

The Dollar

The dollar formed a failed daily cycle on Thursday. Friday’s swing low signals a new daily cycle.

Thursday was day 37 for the dollar’s daily cycle, placing it late in its timing band for a daily cycle low. 184 more words