Recent Posts
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Read more: Oil Approaching a Critical Weekly Cycle Inflection PointOil continues to decline into its intermediate cycle timing band as bearish follow-through accelerates. Attention is now shifting to the converging 50-week and 200-week moving averages for potential support.
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Read more: Miners Confirm Day 56 DCL, Currently Testing the 200-Day Moving AverageThe Miners confirmed a daily cycle low after closing above the 10-day moving average. Attention now shifts to resistance at the 200-day moving average and the upper daily cycle band.
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Read more: Stocks Caught Between Support and ResistanceStocks are consolidating between the 10 day and 50 day moving averages as competing cycle scenarios develop. The next breakout should help determine whether a failed daily cycle is forming or a new daily cycle low is already in place.
