Cycles provides a framework for viewing the market. Assets (such as stocks, gold, and the dollar) have identifiable cycles. The foundation of cycle analysis is that each asset (price series) has a typical timing band, measured in days, weeks, and months for which it rallies and then declines into a cycle low. Cycle analysis attempts to develop a dynamic framework of expectations. The interaction of the daily cycles with the weekly cycles help to provide a directional tendency from which to base trades, in order to capitalize on higher probability set-ups.