Recent Posts
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Read more: Gold Reclaims the 10 Day MA, Signals DCLGold signaled a new daily cycle low after forming a swing low and closing back above the 10 day moving average. Attention now shifts to whether gold can build on that signal as it approaches resistance at the 50 day moving average.
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Read more: Miners Reclaim 10 Day MA, Watching For DCL SignalThe Miners reclaimed the 10 day MA after extending their daily cycle decline into day 47. A swing low is still needed before confirming that a DCL has formed.
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Read more: XLE Bearish Reversal Leads To Daily Cycle DeclinePRE-SUMMARY XLE signaled a daily cycle decline after breaking below the 10 day MA. XLE formed a bearish reversal last week on Wednesday, day 23. XLE then formed a swing high on Thursday and delivered bearish follow through on Tuesday. Tuesday’s decline pushed XLE below the 10 day moving average, signaling the daily cycle decline.…
Cycle Trading 