The 5/26/17 Weekend Report Preview

The Dollar
$$$

The dollar printed its lowest point on Monday, following the day 10 peak. Monday was day 38, placing the dollar late in its timing band for a daily cycle low.

The dollar formed a swing low on Tuesday. A close above the 10 day MA will signal that day 38 hosted the daily cycle low. The dollar is in a daily downtrend. It will continue in its daily downtrend until it closes above the upper daily cycle band.

Stocks
stocks

Stocks closed at an all time high on Friday.

Stocks broke above the previous daily cycle high on Thursday and delivered bullish follow through on Friday. This confirmst that Friday was day 6 for the new daily cycle. Stocks continue to close above the upper daily cycle band to indicate that they are in a daily uptrend. They will remain in the daily uptrend unless they close 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

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