The 5/15/15 Weekend Report Preview

The Dollar


The dollar’s daily cycle peaked on day 11, lost the 50 day MA and proceeded its daily cycle decline.

The dollar printed its lowest point on Thursday, day 34. Friday saw the dollar form a daily swing low, but still closed lower. The dollar is deep in its timing band to print a daily cycle low. At this point a declining trend line break confirms a new daily cycle.



Stocks closed at an all time high on Friday. I suspect that stocks left behind an early 28 day, daily cycle low. We still are waiting on confirmation.

Stocks printed a bearish reversal on day 21, which still remains as the all time, intra day high. Stocks went on to print its lowest point on day 28, following the day 21 high. A break above the day 21 high of 2125.92 confirms a new daily cycle making Friday day 7. But a break below the day 28 low of 2067.93 extends the daily cycle making Friday day 35.

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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