I made a simple peak voltage detector last night to measure the ignition coil voltage on my dirt bike and I tested it on a house outlet (120Vac, 60Hz). The voltage shot up to around 120V, but then slowly decreased down to 100, 90, 80, etc. (meter is on DC voltage setting). I don't understand how the capacitor is discharging since the diode should be reverse biased on the negative cycle. The detector seems to work as expected when measuring my coil voltage (I didn't have much time to test it out fully), which I believe is pulsed DC (no negative component), but shouldn't it work with AC as well? Here is the schematic:
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