The 4/24/15 Weekend Report Preview

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

The dollar’s daily cycle peaked on day 11. It lost the 10 day Moving Average on day 14 and has not been able to regain it. The dollar then broke below the lower blue trend line on Friday which signals that the dollar has entered its final decline into a daily cycle low.

http://imageshack.com/a/img903/9550/LzSHs4.jpg

The dollar has entered it timing band to print a daily cycle low. A break above 97.74 forms a swing low and then a declining trend line break will confirm a new daily cycle.

However, the dollar can still go lower here. A break below the previous daily cycle low of 93.32 forms a failed daily cycle, which would confirm the intermediate cycle decline.

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

Stocks have been printing a series of lower highs and higher lows over the past 8 weeks. A week ago Friday stocks once again found support at the lower stem and reversed higher. Stocks tested the upper stem on Tuesday and once again on Wednesday.

http://imageshack.com/a/img540/6283/9plsdK.jpg

Stocks broke above the upper trend line on Thursday and delivered more bullish follow through on Friday, day 20. A new daily cycle high on day 20, or later, shifts the likelihood that this daily cycle will form as a right translated 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 click here.

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

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