Miner Top


The dollar came close to forming a daily swing low on Tuesday.

$$$ daily

Monday was the lowest point following the day 10 peak. At 38 days that places the dollar deep in its timing band for a daily cycle low. A break above 97.33 will form a swing low to signal a new daily cycle. And if the dollar is beginning a new daily cycle it may also be beginning a new intermediate cycle as well.

$$$ weekly

The is week 16 for the intermediate dollar cycle. The dollar printed a lower weekly low on Monday. Tuesday’s rally is causing the dollar to form a weekly bullish reversal, which will ease the parameters for forming a weekly swing low to signal a new intermediate cycle. And if the dollar is beginning a new intermediate cycle, then the first daily cycle should form as a right translated cycle rallying for 3 – 5 weeks or more. Which should send the Miners lower.


The 200 day MA stopped the previous 2 daily Miner cycles and appears to have done so again. The Miners broke lower on Tuesday, dropping over 2.3%. That caused the Miners to close below both the 50 day MA and the 10 day MA to signal that the Miners have begun their daily cycle decline. Tuesday was day 13 for the daily Miner cycle. The Miners daily cycle have been averaging 23 days over the past 12 daily cycles which makes it likely to see the Miners trend lower for the next 2 weeks and up to 3 to 5 more weeks if the dollar is beginning a new intermediate cycle. And a break below the previous daily cycle low of 20.89 will form another failed daily cycle

This week I am offering a special 6 week trial membership for $15. You will receive 6 weeks of Likesmoney Subscription Service.

The 6 week trial subscription includes:
* The Weekend Report
* The Mid-Week Update
and I also post what I call my Weekend Updates.
The Weekend Updates cover:
* The FAS Buy/Sell Indicator
* Copper
* The Bullish Percentage BINGO

So please click here for the special 6 week trial subscription.

Subscribers can click here.


2 thoughts on “Miner Top

  1. Hi, do you give any likelihood the $ is coming out of a half cycle in its 3 year cycle and it could find new highs and form right translated therefore meaning the 15 year cycle has not yet peaked? This could cause possible miner/gold capitulation in coming months?

    • Jason,

      I am in the camp that the dollar’s 15 year super cycle has peaked.
      It is something that I discuss in the Weekend Report

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 )

Google+ photo

You are commenting using your Google+ 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 )


Connecting to %s