Cycle Trading

GYX

The big picture is that GYX has been in a multi year consolidation.

If June turns out to be an early yearly cycle low, then a close above the 10 month MA would signal that GYX is ready for a bullish resolution to the multi year consolidation. And a bullish breakout of a 10 plus year consolidation should deliver a powerful trending move.

I cover the industrial metals routinely in my Weekend Updates.

The goal of the Weekend Report is to develop an on-going framework of expectations using cycle analysis.

It discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles. And it also includes the Likesmoney Cycle Tracker.

In addition I post what I call my Weekend Updates.

The Weekend Updates cover

The DAX
GYX
NATGAS
XLE
The proprietary FAS Buy/Sell Indicator

I also post a mid-week update on Wednesday evenings which updates the daily charts from the Weekend Report.