The 3/13/15 Weekend Report Preview

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

The dollar continued higher this week, breaching the 100 level as it printed a higher high on Friday.

http://imageshack.com/a/img538/1064/PlK6gm.jpg

Friday was day 12 for the dollar’s daily cycle. A new high on day 12, or after, swings the odds over to this daily cycle forming as a right translated daily cycle, which is in agreement with what we see developing on the weekly cycle, which is covered in The Weekend Report.

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

The daily equity cycle peaked on day 16. A swing high and trend line break occurred on day 17 indicating a daily cycle decline.

21 spx dailyhttp://postimg.org/image/v3pyls7mz/

Stocks printed their lowest point on Wednesday, day 26. A swing low formed on Thursday that regained the 50 day MA, indicating a new daily cycle. While stocks closed lower on Friday, they left behind a bullish tail indicating an early daily cycle low has been left behind. A break above the declining trend line will confirm the new daily cycle. But a break below the (dashed) intermediate trend line signals an intermediate cycle decline.

While the normal timing band for a daily cycle low stretches from day 30 to day 45, stocks have been known to print early daily cycle lows. Below is a chart from the Likesmoney archives chronicling the 2011-2012 yearly cycle that has two examples of early daily cycle lows.

http://imageshack.com/a/img661/9135/Xnn80K.jpg

Notice that a 25 day DCL printed in March and then a 24 day DCL printed in April.

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 click here.

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

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