The Miners formed a swing high on Tuesday following Monday’s Gravestone Doji.
Not all swing highs mark a cycle peak, however a cycle cannot peak without printing a swing high. 223 more words
The dollar closed above the upper daily cycle band on Friday.
Since printing its daily cycle low in December, the dollar has closed above the upper daily cycle band while its lows have remained above the lower daily cycle band, which indicates that the dollar is in a daily uptrend. 187 more words
Since our last market update, which outlines our preferred wave count (see here) we noticed that market sentiment appears rather negative these days albeit the market refusing to break down and instead time and time again launches itself back into the 2075-2100 zone, like it did on Friday, where it has resided for most of this year. 682 more words