The Document

Login Subscribe Now
January 8, 2014

Oil Nears Failed Cycle

Both Daily and Weekly Cycles in Jeopardy

The dollar index is making the most of its new year rally. The DX pushed to a Day 7 high for the current daily cycle and has now managed 1.5 index points off its late-December low. A push past a Day 8 high would tilt the odds in favor of seeing a right-translated daily cycle develop, suggesting the presence of a new intermediate cycle, but price is also within a half point of ...

 

Login to read full article.

Recent Newsletters

Macroeconomic Blog | Cycle Trading Newsletter | TrendBands Fund | Library | About | Contact Us | Members