Recent Posts
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Read more: Stocks Break Down – Daily Downtrend Taking ControlStocks were rejected at the 7000 resistance level and have now broken key cycle support. A failed daily cycle and a close below the lower daily cycle band confirm that the intermediate cycle decline is underway. While a short-term reversal remains possible, the trend has turned lower and risk has increased.
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Read more: Stocks Stall at 7000 as Daily Cycle Tests Key SupportStocks were rejected at the 7000 resistance level but managed to find support at the 50 day moving average. The daily uptrend remains intact, though confirmation requires a swing low and a close above 7000. Failure to hold the 50 day moving average would raise the risk of a left-translated daily cycle.
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Read more: The Dollar may be finding its footing.After pressing to a new short-term low, the Dollar formed a swing low on Monday and is on track to confirm a daily cycle low. This aligns with the broader theme from the prior post — the Dollar is approaching an inflection point that could influence stocks, metals, energy, and bonds.
Cycle Trading 