ΣL Uranium Composite - 30th July 2024 | @ 153 Days | + 14.03%
Last trade: + 14.03% | 'B' class signal detected in in Sigma-L Uranium Composite (NXE/DNN/UEC/CCJ/UUUU). Average of 153 days over 9 iterations since June 2020. Currently troughing
ΣL Cycle Summary
The shorter wave in Uranium, around 75 days average wavelength, has been suppressed by this cycle recently. Indeed this is naturally so as financial markets in general, Uranium being no exception, follow a power law distribution in the frequency domain. That is to say longer wavelength cycles, in general, exhibit more power to influence …