Morgan Stanley Cyclical Index

Morgan Stanley Cyclical Index

The Morgan Stanley Cyclical Index (CYC) is an equal-dollar weighted index designed to measure the performance of economically sensitive industries within the U.S. economy and detect shifts in investor sentiment. The CYC Index comprises 30 stocks from over 25 industries, including automobiles, metals, papers, machinery, chemicals and transportation. The CYC Index was established with a benchmark value of 200.00 on December 31, 1991. To ensure that each component stock continues to represent approximately equal weight in the Index, adjustments are made annually, based on closing prices on the third Friday in December.

MACD Training

20090418

Symmetrical Pullback Entry in USD/JPY

Continuing on with the idea that Tokyo wants the 120 stops that went completely unscathed in calendar year 2006, we are looking to get long on a symmetrical pullback to the .618 retracement level. I'm looking to get long between 118.95-119.05 with stops at 118.75. The initial target is double our risk at 119.50. If you book profits at 119.50, trail the stop to at least breakeven for the bumpy landing into 120.00. From there, it's anyone's guess.

Moving Average

Changes of sensitivity can generate signals.

Day Trading Schools