Sunday, June 23, 2013

New Signal - Jun 23, 2013



US DOLLAR INDEX (FINEX): Buy signal has been generated by the Cycle Trading System on EOD value of 82.5170. A medium term cycle has formed bottom and this cycle is expected to continue for about 4-6 weeks. There was already a longer term cycle in place which had started in June 2011 and that cycle has now turned into upward trending mode. In medium term the prices are in a range bound (cyclic) mode.

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