[New post] Dollar Uptrend

likesmoneystudies posted: " The dollar formed a daily swing low on Thursday. The dollar printed its lowest point on Wednesday, day 31, placing in its timing band for a DCL. The dollar should really turn the 10 day MA lower and retrace back to the 38 fib level in order t" Cycle Trading Dollar Uptrend likesmoneystudies Aug 31 The dollar formed a daily swing low on Thursday. The dollar printed its lowest point on Wednesday, day 31, placing in its timing band for a DCL. The dollar should really turn the 10 day MA lower and retrace back to the 38 fib level in order to complete its daily cycle decline. However the dollar is in a daily uptrend. Closing back above the 10 day MA indicates a continuation of its daily uptrend and signals a cycle band buy signal - so we will label day 31 as the DCL. And if Wednesday is the DCL, then that will put pressure on stocks and precious metals going forward. Comment Like You can also reply to this email to leave a comment. Unsubscribe to no longer receive posts from Cycle Trading. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://likesmoneycycletrading.blog/2023/08/31/dollar-uptrend/

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