Tags » Uptrend

The 5/20/16 Weekend Report Preview

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

This week the dollar managed to regain the 50 day MA.

A new high on day 12 shifts the odds towards a right translated cycle formation. 232 more words

Intermediate Support

Stocks closed lower once again. But I am starting to see signals of an impending daily cycle low.

The large Buying on Weakness number and the bullish divergence on the True Strength Indicator are 2 signs signaling that the daily cycle low is imminent. 119 more words

The 5/13/16 Weekend Report Preview

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

The dollar is currently in a daily down trend as characterized by peaks below the upper daily cycle band and lows below the lower daily cycle band. 247 more words

Oil Confirms a New Daily Cycle

After peaking on day 18 oil printed its lowest point on Tuesday, day 25. That placed oil on the early end of its timing band for a daily cycle low. 77 more words

Cycle Low Signs Adding Up

The signs are adding that stocks have left behind a daily cycle low.

Stocks printed their lowest point on Friday. That was day 58 which placed stocks deep in their timing band to print a daily cycle low. 314 more words

Dollar Confirms New Daily Cycle

The dollar printed its lowest point on Monday, following the peak from day 2. Monday was only day 15, placing the buck 3 days shy of entering its timing band to print a daily cycle low. 185 more words