Cycle Trading

The dollar formed a bullish reversal on Tuesday.

Tuesday was day 41, that places the dollar deep in its timing band for a DCL.

A break above 102.32 will form a swing low. Then a close above the 10 day MA would have us label day 41 as the DCL.

The Miners formed a swing high on Tuesday in reaction to the dollar’s swing low. The Miners closed 3.46% lower and also closed below the daily cycle trend line. A close below the 10 day MA will signal the daily cycle decline.