The 1/04/20 Weekend Report Preview

The Dollar

The dollar broke below the previous daily cycle low on Monday to form a failed daily cycle.

The dollar then delivered bearish follow through on Tuesday. The peak on day 6 sets the dollar up for a left translated daily cycle formation. The dollar did manage to rally on Thursday and test the 10 day MA on Friday. Tuesday was only day 11, which is too early to expect a daily cycle low. Therefore the dollar should be rejected by the 10 day MA and continue its daily cycle decline. The dollar is in a daily downtrend.  It will remain in its daily downtrend unless it closes back above the upper daily cycle band.


Stocks printed a new high on Thursday, day 20, to indicate a right translated daily cycle formation.

This was a volatile week for stocks. Stocks formed a swing high on Friday. There are bearish divergences developing on the oscillators, which often precede a cycle decline. A break below the daily cycle trend line will signal the daily cycle decline. Stocks are in a daily uptrend.  Stocks will remain in their 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 to receive a sample copy of the Weekend Report

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your 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

This site uses Akismet to reduce spam. Learn how your comment data is processed.