The 9/04/15 Weekend Report Preview

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

Currently the dollar’s daily cycle has a day 8 peak. The dollar is being squeezed between the 10 day MA & the 50 day MA. A break higher will indicate a right translated cycle formation. A break lower locks in a left translated cycle and should lead to another failed daily cycle.

http://imageshack.com/a/img540/2553/iTGz6E.jpg

The dollar did form a swing high on Friday. Not all swing highs are significant. But following a failed daily cycle with the intermediate cycle potentially being on week 16 does leave room for one more failed daily cycle. Failed daily cycles typically peak on or before day 8.

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

The status of the daily equity cycle remains unclear.

http://imageshack.com/a/img911/6619/FIC5qX.jpg

What is clear is that the daily cycle peaked on day 9, broke below the previous daily cycle low on day 32 – forming a failed daily cycle, and then printed its lowest point of the cycle on day 34. The lack of a clear and convincing break of the declining trend line means that Friday could either be day 43 or day 9. However, the bearish crossover on the True Strength Indicator does suggest another push lower.

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

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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One thought on “The 9/04/15 Weekend Report Preview

  1. Pingback: Dollar Drops Down | Cycle Trading

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