The 2/03/17 Weekend Report Preview

The Dollar
$$$

The dollar formed a failed daily cycle on Thursday. Friday’s swing low signals a new daily cycle.

Thursday was day 37 for the dollar’s daily cycle, placing it late in its timing band for a daily cycle low. A break of the declining trend line break will signal the new daily cycle. The dollar has established a daily downtrend. It will remain in a downtrend until it can close above the upper daily cycle band.

Stocks
stocks

Stocks printed their highest point on day 16. A peak on day 16 sets up a potential left translated daily cycle formation. A break below the trend line will confirm the daily cycle decline

Friday was day 22 for the daily equity cycle. Stocks continue to close above the upper daily cycle band remaining in its daily uptrend. A break above the day 16 high of 2300.99 will lock in a right translated cycle formation. Stocks will continue its daily uptrend until it closes below the lower daily cycle band.

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & 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

Advertisements

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