Weekly Report September 29, 2018
Weekly Report September 29 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Currencies The euro hit a major resistance zone at 1,18 early this week and I believe that that marked the daily cycle top for the euro. As of Friday, we actually have all the condition in place for […]
Weekly Report September 23, 2018
Weekly Report September 23 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Dollar One of the most significant moves that happened last week was the breakdown in the dollar. As I pointed out in the previous Weekly Report, the dollar had already produced a failed daily cycle the week […]
Weekly Report September 15, 2018
Weekly Report September 15 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Currencies I believe that the dollar has now signaled a failed daily cycle which topped on day 4. It isn’t completely out of question that the dollar could have printed a daily cycle low on Thursday but considering […]
Weekly Report September 9, 2018
Weekly Report September 9 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Currencies The euro and the dollar have progressed the way I suspected in the previous weekly report. The euro fell lower towards what I believe is a HCL and the dollar rallied as the result of that. […]
Weekly Report September 1, 2018
Weekly Report September 1 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Commodities The CRB has managed to produce a weekly close above the intermediate decline trendline. This is the second major confirmation after the weekly swing last week that an intermediate advance has begun. Even in bear markets […]