CPO

Crude oil began a downturn last week, which is likely to continue through the first 10 days of June if you follow the Cycle Projection Oscillator.
The Cycle Projection Oscillator is a technical tool that uses complex algorithms to filter multiple cycles from historical data, combines them and gives a graphical representation of their predictive behavior. The CPO methodology employs proprietary statistical techniques to obtain cyclical information from price data. Other proprietary frequency domain techniques then are employed to obtain the cycles embedded in the price.
The Cycle Projection Oscillator is a technical tool that uses complex algorithms to filter multiple cycles from historical data, combines them and gives a graphical representation of their predictive behavior. The CPO methodology employs proprietary statistical techniques to obtain cyclical information from price data. Other proprietary frequency domain techniques then are employed to obtain the cycles embedded in the price.
Daniel Collins, Editor in Chief at Modern Trader magazine looks at the Dow.
The Cycle Projection Oscillator is indicating some potential near-term opportunities in several markets. Looking at a 240-minute chart of the E-mini S&P 500 shows potential weakness over the next couple of days as shown on the chart.

On Wednesday we shared a short-term outlook from the

The short-term analysis of the S&P 500 and Nasdaq 100 based on the Cycle Projection

The dollar appears to be closing below its 200-day moving average against the Japanese yen.
Reports of security breaches at major companies are becoming more common.
The NFA should look into alternative measures that do not punish or levy heavy burdens on small businesses in the CTA field.