The 7/10/15 Weekend Report Preview

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

The dollar’s daily cycle peaked on Tuesday, day 12. A swing high then formed on Wednesday. The declining trend line break on Friday confirmed the daily cycle decline.

http://imageshack.com/a/img661/6029/rnNPLt.jpg

The dollar found support at the 50 day MA on Friday and began to reverse. Should a swing low formed here we would be forced to consider either an early daily cycle low or perhaps a half cycle low forming on Friday.

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

Stocks capped off a volatile week by finally closing above the 10 day MA.

http://imageshack.com/a/img540/9414/45stNv.jpg

Regardless if we label day 28 or day 51 as the previous daily cycle low, stocks broke past the previous daily cycle low and now is in the process of printing a failed daily cycle low. Stocks printed their lowest point Tuesday in over 2 months. A break above Tuesday’s high of 2083.74 forms a daily swing low and a weekly swing low. Which will signal both a new daily and new intermediate cycle has begun.

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: click here.

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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