Recent Posts
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Read more: Miners Break Out of Consolidation, but the Daily Downtrend RemainsThe Miners have broken out of consolidation and are beginning to favor a right-translated daily cycle. While the daily structure continues to improve, the daily trend remains down until price closes above the upper daily cycle band.
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Read more: Stocks Signal a Daily Cycle Low and Begin a New Daily UptrendStocks have signaled a new Daily Cycle Low and ended their daily downtrend by closing above the upper daily cycle band. While the trend has turned higher, the rally is becoming stretched as it approaches resistance, making some consolidation likely before the next advance.
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Read more: The Dollar Forms a Failed Daily Cycle. Are the Weekly and Yearly Cycles Next?The dollar has formed a failed daily cycle after breaking below the previous Daily Cycle Low and the 50-day moving average. While the daily chart now signals the intermediate cycle decline, an equally important question is beginning to emerge: what does this mean for the dollar’s longer-term cycle structure? Today’s chart explains the daily signal,…
