Sigma-L - Market Cycles

Sigma-L - Market Cycles

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Sigma-L - Market Cycles
Sigma-L - Market Cycles
US Dollar Index - 13th December 2023 | @ 78 Days | + 1.56%
Forex

US Dollar Index - 13th December 2023 | @ 78 Days | + 1.56%

Last trade: + 1.56% | 'B' class signal detected in US Dollar Basket / Index. Running at an average wavelength of 78 days over 13 iterations since May 2021. Currently troughing.

Dec 13, 2023
∙ Paid
2

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Sigma-L - Market Cycles
Sigma-L - Market Cycles
US Dollar Index - 13th December 2023 | @ 78 Days | + 1.56%
1
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ΣL Cycle Summary

A ‘normal’ move with increased amplitude has characterised the down-leg of this component in the Dollar Index - this coming after the heavily attenuated trough in the run up from July 2023, alluded to in the last report. Price has likely reached the latest trough recently with the next peak expected early - mid January. This takes into account the error metric of +- 10 days frequency modulation from the sample of 13 iterations shown below. Upgraded to a ‘B’ category signal by a whisker.


Trade Update

See also: Live ΣL Portfolio & History

Summary of the most recent trade enacted with this signal and according to the time prediction detailed in the previous post for this instrument, linked below.

Type: Sell - US Dollar Index 8th November 2023
Entry: 8th November 2023 @ 105.590
Exit: 13th December 2023 @ 103.946
Gain: 1.56%


Current Signal Status

Defining characteristics of the component detected over the sample period.

Detected Signal Class: B - learn more
Average Wavelength: 78.34 Days
Completed Iterations: 13
Component Yield Over Sample: 29.54% - learn more

Time Frequency Analysis

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