US Dollar Index - 22nd May 2023 | @ 78 Days
Last trade: + 1.84% | 'B' class signal detected in US Dollar Basket / Index. Running at an average wavelength of 78 days over 9 iterations since May 2021. Currently approaching a peak.
Trade Update
Summary of the most recent trade enacted with this signal and according to the time prediction detailed in the previous snippet. For a composite analysis, each constituent’s respective gain over the period is displayed, in descending order. The average of the constituent gain is also shown.
Type: Buy - US Dollar Index 24th April, 2023
Entry: 24th April 2023 @ 101.35
Exit: 22nd May, 2023 @ 103.22
Gain: 1.84%
Signal Class & Attributes
Defining characteristics of the component detected over the sample period.
Detected Signal Class: B - learn more
Average Wavelength: 77.82 Days
Completed Iterations: 9
Time Frequency Analysis
Time frequency charts (learn more) below will typically show the cycle of interest against price, the bandpass output alone and the bandwidth of the component in the time frequency heatmap, framed in white. If a second chart is displayed it will usually show highpassed price with the extracted signal overlaid for visual clarity.
Signal Detail & Targets
Here we give more detail on the signal relative to speculative price, given the detected attributes of the component. In most cases the time target to hold a trade for is more important, given we focus on cycles in financial markets. Forthcoming trough and peak ranges are based upon the frequency modulation in the sample.
Phase: Peaking1
FM: +- 9 Days2
AM: 0.385233
Next Trough Range: June 24th - July 12th, 2023
Next Peak Range: 1st August - 19th August, 2023
Sigma-L Recommendation: Sell
Time Target: ~ 3rd July, 2023
See Also…
ΣL US Dollar Composite - 25th April 2023 | @ 78 Days | Snippet
See Also: 143 Day Component in US Dollar Composite Signal Class & Attributes Defining characteristics of the component detected over the sample period. Detected Signal Class: B - learn more Average Wavelength: 78.1 Days Completed Iterations: 8 Time Frequency Analysis
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Signal Phase: This is ‘how far along’ the cycle is in it’s period at nowtime and is related to the predicted price action direction.
Signal Frequency Modulation: This is how much, on average, the signal detected varies in frequency (or wavelength) over the whole sample. A lower variance is better and implies better profitability for the component. Frequency usually modulates relatively slowly and over several iterations.
Signal Amplitude Modulation: This is how much the component gains or loses power (price influence) across the sample, on average. Amplitude modulation can happen quite quickly and certainly is more evident than frequency modulation in financial markets. The more stable the modulation the better.