The 11/06/15 Weekend Report Preview

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

The dollar broke out to a new high on day 16 assuring us of a right translated cycle formation. The dollar continues to close above the upper daily cycle band, indicating a daily uptrend.

http://imageshack.com/a/img907/6959/JO29LV.jpg

The dollar has delivered a cyclical anomaly. The dollar printed a failed daily cycle low mid-October. A failed daily cycle indicates a change in the daily trend with the new expectation of lower highs and lower lows until the intermediate cycle low prints. However, Cycle Band Theory tells us that once a daily cycle fails, a close above the upper daily cycle band confirms that the intermediate cycle low has been set, indicating that October left behind an intermediate cycle low. This is discussed further in the Weekend Report.

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

Stocks have formed a swing high and delivered a break of the daily cycle trend line to signal that stocks have begun their daily cycle decline. Stocks still need to close below the upper daily cycle band to confirm the daily cycle decline.

http://imageshack.com/a/img905/9948/qxOqCy.jpg

A peak on day 25 assures us of a right translated cycle formation setting up the expectation of a higher daily cycle low to be followed by a new daily cycle printing higher daily cycle high.

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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