Loading ...Cycles 101
Trend lines break everyday across many timescales. A Cycle trend line, however, is one that breaks WITHIN my Cycle Timing Band where I am expecting a change in Trend.
Lets take a quick look at the USD and GDX on Wed through Friday where I had Gold and the Miners looking for a Trading Cycle Low (and perhaps an Intermediate Cycle Low as well) and was expecting the USD to start its move into it’s next TC Low.
Consider this my Cycles 101 Lesson of the Day. 😉
