Recent Posts
-
Read more: Bearish Reversal at Resistance Hints at a Daily Cycle DeclineThe Dollar is forming a bearish reversal below 100.20 resistance while cycle counts remain unresolved. A close below the 10 day moving average would signal a daily cycle decline and favor the view that the current cycle remains extended.
-
Read more: Stocks Fail to Break Key SupportStocks extended lower on Tuesday but reversed from support at a previous most traded zone and above the 50 day moving average. A move above 7483.15 would form a swing low and strengthen the case that a daily cycle low is forming.
-
Read more: Stocks Fail to Deliver Bearish Follow-ThroughStocks signaled a daily cycle decline last week but failed to deliver bearish follow-through on Monday. A move above 7545.81 would strengthen the case that a daily cycle low is beginning to form.
