steveo here's a daily chart of AZ - many that cycle indicator
has done a perfect job since January, price has ping ponged
perfectly between it. resistance cycle showed up 3 weeks ago in
early May, that capped price, plus the MA ribbon was too wide,
needed to be worked off
that said, notice the big green dot on the Squeeze indicator,
that indicators a squeeze condition (Keltner Bands inside the
Bollinger Bands), you can get strong moves shortly after that.
AZ needs a news catalyst
the cycle indicator is unique, it's not like MACD and RSI and
MA's that are all basically derivatives of the same thing
The Hilbert Sine Wave was developed by John Ehlers and first
published in his book “Rocket Science for Traders”. The indicator
uses an algorithm, originally applied to digital signal processing,
that measures the amount of cyclical energy in a stream of data,
for example, a stream of market prices.
Markets alternate between periods when price is range bound or
cycling and periods when price is moving to a new level or
trending. Cyclical periods are characterized by price bouncing off
support or resistance levels and failed breakouts or “overshoots”.
Trending periods are characterized by new highs or new lows and
pull backs (PB) that then continue in the direction of the trend,
until exhausted (END).
In this way, the Hilbert Sine Wave combines the best
characteristics of an oscillator: signalling over-sold and
over-bought in a cyclical range. As well as the best
characteristics of a moving average: signalling the start and end
of a trending move. The cycle indicator can be used to define
market structure in any time frame or instrument
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AZ looks good for a
Posted by steveo on 3rd of Jun 2025 at 06:54 pm
AZ looks good for a breakout and run up to that supply zone.
steveo here's a daily chart
Posted by matt on 3rd of Jun 2025 at 10:23 pm
steveo here's a daily chart of AZ - many that cycle indicator has done a perfect job since January, price has ping ponged perfectly between it. resistance cycle showed up 3 weeks ago in early May, that capped price, plus the MA ribbon was too wide, needed to be worked off
that said, notice the big green dot on the Squeeze indicator, that indicators a squeeze condition (Keltner Bands inside the Bollinger Bands), you can get strong moves shortly after that. AZ needs a news catalyst
the cycle indicator is unique,
Posted by matt on 3rd of Jun 2025 at 10:43 pm
the cycle indicator is unique, it's not like MACD and RSI and MA's that are all basically derivatives of the same thing
The Hilbert Sine Wave was developed by John Ehlers and first published in his book “Rocket Science for Traders”. The indicator uses an algorithm, originally applied to digital signal processing, that measures the amount of cyclical energy in a stream of data, for example, a stream of market prices.
Markets alternate between periods when price is range bound or cycling and periods when price is moving to a new level or trending. Cyclical periods are characterized by price bouncing off support or resistance levels and failed breakouts or “overshoots”. Trending periods are characterized by new highs or new lows and pull backs (PB) that then continue in the direction of the trend, until exhausted (END).
In this way, the Hilbert Sine Wave combines the best characteristics of an oscillator: signalling over-sold and over-bought in a cyclical range. As well as the best characteristics of a moving average: signalling the start and end of a trending move. The cycle indicator can be used to define market structure in any time frame or instrument