The 5/22/15 Weekend Report Preview

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

The dollar’s daily cycle peaked back on 4/13/15 on day 11. Then the dollar declined, printing is lowest point a week ago Friday.

http://imageshack.com/a/img633/7962/bHRJnn.jpg

The dollar formed a daily swing low on Monday. It then broke above the declining trend line on Tuesday closing above the lower cycle band which confirms a new daily cycle. The robustness of the rally is consistent with a new intermediate cycle.

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

Stocks broke above the previous daily cycle high on Monday, confirming a new daily cycle.

http://imageshack.com/a/img537/8314/xfFbJh.jpg

Stocks spent the rest of the week consolidating the break to new highs. With Friday being day 11, there is plenty of time in the daily cycle for stocks to make another push higher. However, the True Strength Indicator is about to deliver a bearish crossover, which usually signals a daily cycle decline. If stocks lose the break out and enter a daily cycle decline then this daily cycle would take on a left translated formation which would signal an intermediate cycle decline.

However there are signals on the weekly and yearly charts that indicate a possible stealth intermediate low has been left behind. The intermediate and yearly cycles are 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: 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

Advertisements

2 thoughts on “The 5/22/15 Weekend Report Preview

    • I have been monitoring the BOW & SOS numbers. Lately there has been nothing compelling about them.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s