Tags » Uptrend

Oil About to Confirm New Uptrend

After emerging form its yearly cycle low in June, oil tested and was rejected by the 50 day MA. But oil recovered and then continued to rally, peaking on day 27. 123 more words

Possible Daily Cycle Low for Oil

Oil printed a bullish reversal on Tuesday.

The daily oil cycle peaked on day 27. Oil did not form a daily swing high until Friday, day 35. 119 more words

Daily Cycle Low

Stocks formed a swing low on Monday.

Stocks printed their lowest point on Thursday, day 29. After a narrow range day on Friday stocks rallied enough on Monday to recover all of Thursday’s drop. 142 more words

Stocks Deliver Bearish Follow Through

Stocks printed a bearish reversal on Tuesday. On Wednesday stocks formed a swing high which signaled the daily cycle decline. Thursday's bearish follow through indicates something more sinister than a daily cycle decline is afoot. 217 more words

Uptrends

Tonight I wanted to look at some different stages of uptrends, beginning with stocks.

Even though stocks formed a swing high on Wednesday, they remain firmly in a daily uptrend. 513 more words

Stocks Form Bearish Reversal

Stocks printed a bearish reversal on Tuesday.

Tuesday was day 27 for the daily equity cycle. That places stocks 3 days shy of their timing band to seek out a daily cycle low. 121 more words

The 8/04/17 Weekend Report Preview

The Dollar

The dollar formed a swing low and closed above the 10 day MA on Friday to signal a new daily cycle. A break above the declining trend line will confirm the new daily cycle. 155 more words