Recent Posts
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Read more: Dollar at a 15-Year Inflection — Melt-Up Risk for Stocks?The dollar is testing a 15-year trend line that could determine the next major move across markets. A rejection here could ease financial conditions and increase the probability of a stock market breakout.
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Read more: Stocks Break Down – Daily Downtrend Taking ControlStocks were rejected at the 7000 resistance level and have now broken key cycle support. A failed daily cycle and a close below the lower daily cycle band confirm that the intermediate cycle decline is underway. While a short-term reversal remains possible, the trend has turned lower and risk has increased.
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Read more: Stocks Stall at 7000 as Daily Cycle Tests Key SupportStocks were rejected at the 7000 resistance level but managed to find support at the 50 day moving average. The daily uptrend remains intact, though confirmation requires a swing low and a close above 7000. Failure to hold the 50 day moving average would raise the risk of a left-translated daily cycle.
