Uranium: Hurst Cycles - 31st Jan 2022
URA Global X ETF | Phasing Analysis Update, Outlook & Trading Strategy
Components greater than and including the 18 month nominal cycle
Components less than and including the 18 month nominal cycle
Components around the 80 day nominal cycle
Uranium, via URA at least, has suprised with it’s lacklustre move from the 20 week nominal low, likely made in early December. At the short term charts above the phasing of uranium stock Yellowcake (CAKE) gives enhanced clarity to the overall phasing analysis across the sector. In this instrument the 20 week cycle was of higher amplitude. It is therefore wise, going forward when considering the phasing of uranium to examine other instruments in the sector when looking for exposure.