Recent Posts
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Read more: Stocks Signal a Daily Cycle DeclineStocks failed to deliver bullish follow-through and closed below the 10 day moving average on Friday. This signals a daily cycle decline while the larger weekly uptrend remains intact.
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Read more: Stocks Find Support at the 10 Day MA, Daily Uptrend HoldsStocks failed to deliver bearish follow-through after breaking below consolidation. Support at the 10 day moving average remains intact as the market continues to consolidate beneath 7600 resistance.
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Read more: XLE Forms Swing Low in Timing BandXLE formed a swing low after reaching day 29 of its daily cycle. Confirmation will be needed, but the ETF is now attempting to turn higher from within its normal timing band for a daily cycle low.
