Archive for April 4th, 2012

US Dollar Confirms Formation of Short-term Low

| April 4, 2012

The US dollar index closed moderately higher today, continuing the reaction from yesterday and confirming the formation of the latest short-term cycle low (STCL) as predicted by the cycle low signal that was generated yesterday. The rally from August 2011 continues to hold above uptrend support and technical indicators on the weekly chart are being […]

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Short-term Forecast for April 4, 2012

| April 4, 2012

US Dollar Confirms Formation of Short-term Low The US dollar index closed moderately higher today, continuing the reaction from yesterday and confirming the formation of the latest short-term cycle low (STCL) as predicted by the cycle low signal that was generated yesterday. The rally from August 2011 continues to hold above uptrend support and technical […]

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Potential Short-term Signal: Oil Market Cycle Analysis

| April 4, 2012

The decline today has caused both cycle analysis price oscillators to experience bearish crossovers and a bearish engulf pattern has formed on the daily chart. A close at current levels or lower would generate a cycle high signal, indicating that the alpha high (AH) of the current short-term cycle likely formed on April 2. An […]

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Potential Short-term Signal: Stock Market Technical Analysis

| April 4, 2012

As a result of the decline today, the S&P 500 index has moved below support at the lower boundary of the overextended uptrend from October 2011. A close well below uptrend support near 1,401 today would constitute a breakdown and signal the likely start of a potentially violent overbought correction. If the breakdown is confirmed […]

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Potential Short-term Signal: Stock Market Cycle Analysis

| April 4, 2012

As a result of the decline today, both cycle analysis price oscillators have experienced bearish crossovers and a bearish engulf pattern has formed on the daily chart. A close below 1,403 today would generate a confirmed cycle high signal, indicating that the beta high (BH) of the current short-term cycle likely formed on April 2. […]

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