The 12/191/4 Weekend Report Preview

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

The dollar printed a daily cycle low on Tuesday. The dollar formed a swing low and broke above the declining trend line in a clear and convincing manner on Wednesday to signal a new daily cycle.

http://imageshack.com/a/img540/1752/ogjmfE.jpg

Our expectation is to see this cycle form in a left translated manner and then decline into an intermediate cycle low.

Stocks
stockshttp://postimg.org/image/69wujdu9x/

Stocks printed a daily cycle low on Tuesday. It formed a swing low and delivered a clear and convincing declining trend line break on Thursday to confirm a new daily cycle. An ominous signal was sent on Friday with a 1623 million SOS print.

http://imageshack.com/a/img908/6780/YWxhHM.jpg

Stocks have printed 5120 million Buying on Weakness since printing its October intermediate low. Which is more than double the normal BOW we see for a typical intermediate cycle decline.

That was somewhat counteracted by the 4858 million SOS that printed heading into the Tuesday’s daily cycle low. However since Tuesday, stocks have added another 2309 million SOS which brings the total SOS since the October intermediate low to 7167.

I believe that these historic huge SOS and BOW numbers are attributable to the bulls and bears fighting over what might turn out to be a major turning point for stocks.

And Friday’s big 1623 SOS is the second quadruple SOS day since the October ICL.

In the Weekend Report we will look at the 3 other times where stocks have printed a “Quad” SOS day.

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

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

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