ΣL Uranium Composite - 19th June 2024 | @ 154 Days | + 13.73%
Last trade: + 13.73% | 'C' class signal detected in in Sigma-L Uranium Composite (NXE/DNN/UEC/CCJ/UUUU). Average of 154 days over 10 iterations since December 2019. Currently moving down
ΣL Cycle Summary
This longer periodic component in Uranium, related to the more stationary and shorter measure around 75 days, moved up during March, April and May this year prior to peaking in early/mid June. The shorter wave (75 days) failing to provide additional power to the upside as we anticipated, resulting in a sharp downturn recently that is now…