The 7/04/14 Weekend Report Preview

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The Dollar
$$$http://postimg.org/image/8jp4ugbcv/

The dollar printed a 20 day right translated daily cycle low in early June. The expectation of printing a higher high following a right translated cycle did not happen. Instead, the new daily cycle peaked on day 8, formed a swing high , broke below the early June low and formed a failed daily cycle.

0 $$$ dailyhttp://postimg.org/image/bicpdyvh5/

The dollar continued lower printing a daily cycle low on Tuesday. A swing low formed on Wednesday and Thursday saw the dollar break above the declining cycle trend line to confirm a new daily cycle. The failed daily cycle, normally, signals an intermediate cycle decline.

Stocks
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Stocks printed a new daily cycle high on day 15.

21 spx dailyhttp://postimg.org/image/vx3oeknvh/

As we will see when we look at the weekly charts, stocks are at week 21 of the intermediate equity cycle. A failed daily cycle is needed to signal an intermediate cycle decline. Left translated, failed daily cycles tend to peak by day 20. Failure to form a swing high and begin the daily cycle decline next week will lock in a right translated nature to the current daily cycle. If that happens then we will expect another daily cycle to conclude this weekly cycle.

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, The CRB Index, & Bonds in terms of daily, weekly and yearly cycles.

Also included in the Weekend Report is the Likesmoney CycleTracker

To subscribe: http://likesmoneysubscriptionservices.wordpress.com/

For subscribers: the full Weekend Report can be found at Likesmoney Subscription Services at http://likesmoney.wordpress.com/

You can email me at likesmoney@gmail.com to receive a sample copy of the Weekend Report

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