The UUP is at an important point in key echovector cycles going into this next week...
Both the annual and quarterly echovectors are pointing up sharply from echobackdate bottoms coordinate to this past week. So is the 2 year congressional cycle echovector. The bi-quarterly echovector cycle is also positive, also showing coordinate forecast strength coming off of support this past week and again mild support this coming week. The 3Q echovector cycle, within these 5 key aggregate echo-period echovectorcycles, however, remains negative in its force.
MDPP Model Focus Interest Opportunities in the UUP and related ETFs would focus on the long side at key intraweek support levels with effective protective stop triggers and OTAPS set and utilized. Failure to continue in Friday's strong MEV divergence after Monday's high should signal anticipated intra-week consolidation and potential additional entry opportunity unless OTAPS STOPS ARE ACTIVATED CCEV, AEV, 2QEV, AND QEV ECHOVECTOR ECHO-CYCLE DIVERGENCES ENSUE AND THE 3QEV PATTERN DOMINATES.
_________________________________________________________________________________
UPDATE: RIGHT ON TARGET:
No comments:
Post a Comment