The 7/25/14 Weekend Report Preview

Editor’s note:
Stay tuned for an additional report on Sunday Night titled
” A Day Early But Not A Dollar Short”

On to the Weekend Report Review:

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

The dollar printed higher highs during the week. Friday was day 17 and the dollar printed another higher high.

http://imageshack.com/a/img912/592/SRXPlu.jpg

A day 17 high has locked in a right translated nature to this daily cycle.

Stocks
stock chart orange 340http://postimg.org/image/mydp6obf1/

Entering this week the day 15 peak made it appear that a left translated cycle was forming. Stocks printed a new daily cycle high on Thursday pushing the daily cycle high out to day 29.

http://imageshack.com/a/img661/6325/gDMSmd.jpg

A swing high formed on Friday. Stocks will enter the timing band to pring a daily cycle low next week. A break of the daily cycle trend line is required to confirm the daily cycle decline. However, Friday’s Buying on Weakness print suggests there will be one more push higher.

http://imageshack.com/a/img539/913/AFuew6.jpg

The 200 million B.O.W. on the SPY along with the 408 million B.O.W. on the Russell indicate one more push higher. This dovetails into our cyclical expectation of seeing one more daily cycle that prints a higher high before rolling over.

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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3 thoughts on “The 7/25/14 Weekend Report Preview

    • Yes, LM, let me also echo my thanks for the great work you do here.

      The Dollar was printing very topy candles Friday night, but has yet to break support. Will be interesting to see if the Dollar hits that trend line, though somehow I doubt it will. The inverse applies to the Euro. It looks to me like it really wants to pop to the upside now.

      $EURUSD chart:
      https://www.tradingview.com/x/xoIoeW5g/

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