The 10/17/14 Weekend Report Preview

The Dollar

The daily cycle count is still unclear. If Wednesday marked the daily cycle low, then either count does not result in a failed daily cycle.

A failed daily cycle is required to complete the intermediate cycle decline. Regardless of the cycle count, a break above the declining trend line will signal a new daily cycle. The new cycle should peak on or before day 8 and then continue down into an intermediate cycle low.


The daily equity cycle peaked on 9/19 which was day 30. Stocks proceeded to decline through Wednesday, day 48, when stocks printed a bullish reversal.

Stocks printed a swing low on Thursday and then delivered a clear and convincing follow through day on Friday to confirm a new daily cycle. Between 9/19 and 10/16 stocks printed an incredible $4019 million in Buying on Weakness which is one of the reasons that lead me to believe that stocks not only left behind a daily cycle low, but an intermediate cycle low as well. Other reasons why I think that an intermediate low was left behind is discussed in the Weekend Report.

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:

For subscribers click here.

You can email me at to receive a sample copy of the Weekend Report


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