Tags » Uptrend

The 4/13/17 Weekend Report Preview

The Dollar

The dollar formed a swing high and then closed below both the 50 day MA and the 10 day MA to signal that the daily cycle is in decline. 227 more words

Oil Breaks Higher

Last Tuesday we looked at oil.

Last week oil delivered bullish follow through to the weekly swing low. We discussed that oil needed to break above the declining weekly trend line to confirm a new intermediate cycle. 109 more words

Oil Bounce or Oil Bull?

Oil printed its lowest point on week 18, following the week 7 peak. While 18 weeks is a bit early to expect to see an intermediate cycle low, the weekly swing low and bullish follow through indicate otherwise … … 179 more words

The 4/01/17 Weekend Report Preview

The Dollar

The dollar printed its lowest point on Monday, following the peak on day 19. Wednesday’s close above the declining 10 day MA signaled a new daily cycle. 226 more words

The 3/24/17 Weekend Report Preview

The Dollar

The dollar formed a swing low on Friday.

The dollar printed it lowest point on Wednesday following the day 19 peak. That was day 33, placing the dollar deep in its timing band for a daily cycle low. 281 more words

The 3/17/17 Weekend Report Preview

The Dollar

The dollar is getting late in its timing band to form a daily cycle low.

The dollar printed its lowest point on Friday, following the day 19 peak. 326 more words

Gold Confirms New Daily Cycle

Gold printed its lowest point last Friday, day 29, following the day 20 peak. While gold formed a swing low on Monday, it did not confirm a new daily cycle until Thursday. 130 more words