Tags » Trend Line

Bullish Reaction to the Dollar

The dollar continues its daily down trend.

The dollar has been in a daily down trend characterized by peaks below the upper daily cycle band and lows below the lower daily cycle band. 293 more words

Bearish Inclination

Gold continues in its triangle consolidation.

Since emerging from its yearly cycle low in December, gold peaked in March. While gold printed a 28 day daily cycle low on March 28th, gold has not yet formed a failed daily cycle to confirm the intermediate cycle decline. 190 more words

Dollar Bullish Reversal

The dollar has been caught in a daily down trend that has been characterized by peaks occurring below the upper daily cycle band and lows forming below the lower daily cycle band. 187 more words

Miner TSI Divergence

The Miners gapped higher today. The Miners last printed a cycle low on March 23rd. The Miners have rallied since closing consistently above the upper daily cycle band indicating that the Miners are in a daily uptrend. 288 more words

The 4/15/16 Weekend Report Preview

The Dollar
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Wednesday’s swing low and break above the declining trend line confirms that the dollar has begun a new daily cycle.

The dollar has been in a daily down trend as characterized by peaks below the upper daily cycle band and lows below the lower daily cycle band. 156 more words

Bullish Confirmation

The dollar delivered a swing low, broke above the declining trend line and closed above the lower daily cycle band to indicate that Wednesday was day 1 for the new daily cycle. 100 more words

Oil Delivers Bullish Follow Through

After peaking on day 26, Oil formed a swing high and began its daily cycle decline. Oil printed its lowest point last Tuesday. That was day 37 which placed oil right in its timing band to print a daily cycle low. 162 more words