The dollar printed its lowest point on Thursday, day 36, placing it late in its timing band for a DCL. Friday’s swing low signals a new daily cycle.
The dollar needs to break above the declining daily cycle trend line to confirm the new daily cycle. And a bullish break above the declining trend line will likely send the Miners lower.
Monday was day 12 for the daily Miner cycle. So if the dollar delivers a bullish break of its declining trend line confirming its new daily cycle that will likely send the Miners lower. A break below the daily cycle trend line for the Miners will confirm the daily cycle decline. And with a peak on day 1 assures us of a left translated daily cycle formation.
So while the dollar is on the verge of confirming a new daily cycle, the dollar is nearing its timing band for an intermediate cycle decline. In my Special Report: The Dollar’s Kiss Goodbye I discuss where the dollar is on its weekly cycle. I also look at where it is on the longer term 15 year super cycle. I cover the last time the dollar delivered a Kiss Goodbye and the 151% gain that followed in the Miners – and – how the current set up is similar.
I would like to make available the special report The Dollar’s Kiss Goodbye and a complementary 6 week trial subscription to the Likesmoney Premium Site is available for $15.
The complementary subscription will give you full access to the premium site. It includes:
1) The Weekend Report, which is posted usually Saturday mornings. It discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles – Which includes the Likesmoney Cycle Tracker & the Likesmoney Trend Tracker.
2) The Mid-Week Update. Posted on Wednesday’s is a review of the daily and weekly charts for the above mentioned asset classes.
3)The Weekend Updates take a look of the daily & weekly charts of the Dax, GYX, NATGAS & XLE.
4) Weekly Update of the Bullish Percentile Bingo
5) Frequent updates of my proprietary FAS Buy/Sell Indicator
The goal of the Weekend Report is to develop an on-going framework of expectations using cycle analysis.
For the Likesmoney special report The Dollar’s Kiss Goodbye and 6 week trial subscription offer click here.
Current subscribers can access the report here.