Tags » Uptrend

Miner Correction

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 1/28/16 Morning Report

The dollar is delivering signals that the daily cycle decline has begun.

The dollar’s daily cycle peaked on day 7. A swing high formed on Wednesday, day 11 that also breached the daily cycle trend line. 153 more words

The 1/22/16 Weekend Report Preview

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

The dollar closed above the upper daily cycle band on Friday.

http://imageshack.com/a/img905/222/tjaori.jpg

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

20 Jan 2016 (AFR) - Rock Bottom - Critical moves to make on resource stocks

(20 January 2016, AFR, p26, by James Frost)

‘Even the most risk-averse readers have decisions to make about mining and energy stocks.’

‘Just when you think it couldn’t get any worse, it does. 270 more words

1.Market Observations

A Lower Low

The lower low today negated the swing low formed off of Monday’s low. Stocks are still declining into a daily cycle low.

A swing low and a close above the lower daily cycle band will signal a new daily cycle. 84 more words

The 12/04/15 Weekend Report Preview

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

The dollar printed a huge bearish engulfing candle on Thursday which closed below the lower daily cycle band signaling not only a daily cycle decline, but the intermediate cycle decline as well. 274 more words

S&P500 update: how bad is it? Or is it bad at all?

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

S&P500 And INDU