The 1/08/16 Weekend Report Preview

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

The dollar’s daily cycle peaked above the upper daily cycle band on Wednesday, day 19. A swing high formed on Thursday that saw the dollar lose the 50 day MA and close below the upper daily cycle band to signal the daily cycle decline.

http://imageshack.com/a/img903/9620/m2N1aJ.jpg

Friday was day 21 for the dollar’s daily cycle. The dollar needs to break below the daily cycle trend line in order to complete its daily cycle decline.

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

Stocks lost both the 50 day MA and the 200 day MA the previous week and then dropped this past week, losing close to 6% for the week.

http://imageshack.com/a/img905/1735/UXQhSS.jpg

Friday was day 36 for the daily equity cycle placing stocks in their timing band for a daily cycle low. The timing band can extend out for 2 to 3 weeks. However, stocks are very oversold which should trigger a bounce that can lead to printing a daily cycle low.

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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