The 9/22/18 Weekend Report Preview

The Dollar

The dollar formed a failed daily cycle this week confirming the intermediate cycle decline.

The dollar printed its lowest point on Friday day 17, placing it in its early part of its timing band for a DCL. The dollar could trend lower for another 2 or 3 weeks, but Friday’s bullish reversal eases the parameters for forming a swing low. A break above 93.93 forms a swing low and a break above the declining trend line would have us then label day 17 as a DCL. The dollar is currently in a daily downtrend and will remain so unless it closes above it the upper daily cycle band.

Stocks

Stocks printed a new high on Friday, day 26, shifting the odds towards a right translated daily cycle formation.

Stocks are 4 days shy of entering their timing band for a daily cycle low. Bearish divergences are beginning to develop which signal the impending daily cycle decline is near. A swing high and close below the daily cycle trend line will confirm the daily cycle decline. Friday’s bearish reversal has eased the parameters for forming a swing high. A break below 2927.11 forms a swing high. Stocks are currently in a daily uptrend. They will remain in their daily uptrend until 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

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The 8/24/18 Weekend Report Preview

The Dollar

On Friday, the dollar broke below Thursday’s low to negate the daily swing low that formed on Thursday.

Friday was day 34 for the dollar’s daily cycle, placing it in its timing band for a DCL. The dollar should break below the daily cycle trend line in order to complete its daily cycle decline.

Stocks

Stocks broke out to new highs on Friday.

Breaking out to new highs on Friday has caused the 10 day MA to turn higher, which convinces me that day 33 hosted a very mild DCL. This places stocks in their 5th daily cycle for the current intermediate cycle. Since most intermediate cycles are comprised of 3 or 4 daily cycles, the odds favor a left translated daily cycle formation here to usher in the intermediate cycle decline. Currently, stocks are in a daily uptrend. They will remain in their 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

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The 8/17/18 Weekend Report Preview

The Dollar

The dollar formed a swing high on Thursday and then delivered bearish follow through on Friday to signal the daily cycle decline.

Friday was day 29, placing the dollar in its timing band for a DCL. The dollar needs to close below the 10 day MA as a first confirmation that the daily cycle is in decline. Then the dollar needs to break below the (black) daily cycle trend line before it can complete its daily cycle decline. The dollar is in a daily uptrend. It will remain in its uptrend unless it closes below the lower daily cycle band.

Stocks

Stocks formed a swing low on Thursday and closed back above the 10 day MA on Friday to signal a new daily cycle.

Stocks were in their 4th daily cycle. Intermediate cycles normally are comprised of 3 to 4 daily cycles. Therefore we were expecting to see a failed daily cycle to usher in the intermediate cycle decline. Stocks printed their lowest point on Wednesday, day 33, placing stocks in their timing band for a daily cycle low. It concerns me that the decline did not cause the 10 day MA to turn lower. I suspect that the Fed intervened to prevent stocks from gaining any bearish momentum that would have lead to a failed daily cycle. So unless something happens next that changes my mind, we will label Wednesday as the DCL. Meaning that stocks are now in their 5th daily cycle.

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

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You can email me at likesmoney@gmail.com to receive a sample copy of the Weekend Report

The 7/27/18 Weekend Report Preview

The Dollar

The dollar printed is lowest point on Thursday, day 13. That is too early to expect a DCL.

The dollar formed a swing low on Friday. However, Friday’s candle formed as a bearish reversal candle. Since the 10 day MA did has not turned higher, the dollar is still declining into its DCL. If the dollar forms a daily swing high off of Friday’s candle, that will allow us to construct the declining cycle trend line. The peak on day 8 locks in a left translated daily cycle formation.

Stocks

Friday’s swing high sets up a possible left translated daily cycle formation.

Stocks printed a new high on day 18, which begins to shift the odds toward a right translated daily cycle formation. But Friday’s swing high could change that. Stocks are in their timing band for an intermediate cycle decline. A left translated, failed daily cycle is required to confirm the intermediate cycle decline. With Friday being only day 20, there is still enough time for the daily cycle to left translate.

Friday’s swing high did break below the daily cycle trend line to signal the beginning of the daily cycle decline. A close below the 10 day MA will confirm the daily cycle decline. Still, stocks are in a daily uptrend. They will remain in their 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

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The 7/20/18 Weekend Report Preview

The Dollar

The dollar formed a daily swing high on Friday to set up a left translated daily cycle formation.

The dollar is in its 5th daily cycle, therefore we are expecting a left translated daily cycle formation. Friday’s close below the 10 day MA signals the daily cycle decline. A close below the 50 day MA will signal that the intermediate cycle decline has begun. The dollar is in a daily uptrend. But a close below the lower daily cycle band will end the daily uptrend and begin the daily downtrend. It will also signal that the intermediate cycle is in decline.

Stocks

Stocks formed a daily swing high this week setting up a potential left translated daily cycle formation.

A close below the 10 day MA will signal that the daily cycle decline has begun. Stocks are currently in a weekly uptrend. But a close below the lower daily cycle band will end the daily uptrend and begin a daily downtrend.

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

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You can email me at likesmoney@gmail.com to receive a sample copy of the Weekend Report

The 7/13/18 Weekend Report Preview

The Dollar

The dollar closed above the declining trend line and 10 day MA on Wednesday to confirm the new daily cycle.

This is the 5th daily cycle for the current intermediate cycle. Therefore we are expecting a left translated daily cycle formation to trigger the intermediate cycle decline. Friday’s bearish reversal on day 4 indicates a left translated daily cycle formation. A break below 94.43 will form a daily swing high to signal the daily cycle decline.

Stocks

Stocks printed a new high on Friday, day 10.

While stocks printed a new high on Friday, there are bearish divergences developing on the oscillators. The status of the intermediate cycle has us expecting a left translated daily cycle formation. A swing high and a break below the daily cycle trend line would indicate that the daily cycle decline has begun. Stocks are in a daily uptrend. They will remain in their 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

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You can email me at likesmoney@gmail.com to receive a sample copy of the Weekend Report

The 7/06/18 Weekend Report Preview

The Dollar

The dollar peaked on day 11. It formed a swing high, negating the break out. It closed below the 10 day MA, turning it lower to signal the daily cycle decline. The dollar then closed below the daily cycle trend line to confirm the daily cycle decline.

Friday was day 16 for the dollar’s daily cycle. While the dollar managed to find support at the rising 50 day MA, it is a bit early to expect a DCL to form. And with the dollar in its timing band for an intermediate cycle decline it is more likely to see the dollar break below the 50 day MA to continue its daily cycle decline. The dollar is currently in a daily uptrend. It will remain in its uptrend unless it closes below the lower daily cycle band.

Stocks

Stocks closed convincingly above the declining daily cycle trend line on Friday to confirm the new daily cycle.

Stocks also closed above the upper daily cycle band. This ends the daily downtrend and begins a daily uptrend. With this being week 21 for the intermediate cycle we need to watch for a left translated daily cycle formation.

The decline into the DCL caused stocks to close below the 10 week MA. But the rally into the new daily cycle allowed stocks to regain the 10 week MA. At 21 weeks, stocks are in their timing band for a intermediate cycle decline. A weekly swing high and break below the weekly trend line is needed to confirm the intermediate cycle decline. Stocks are in a weekly uptrend. They will remain in their weekly uptrend unless they close below the lower weekly 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

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You can email me at likesmoney@gmail.com to receive a sample copy of the Weekend Report

The 6/29/18 Weekend Report Preview

The Dollar

Friday’s bull trap signals the daily cycle is in decline.

The dollar closed above the previous high on Thursday. But Friday’s huge bearish candle closed below the 10 day MA and manged to turn the 10 DMA lower to signal the daily cycle decline. While a new high on day 11 shifts the odds towards a right translated daily cycle formation, the bull trap and huge sell off on Friday has me thinking that the dollar will form a failed daily cycle. Currently, the dollar is in a daily uptrend. It will remain in its uptrend unless it closes below the lower daily cycle band.

Stocks

On Friday, stocks formed a swing low and closed above the 50 day MA to signal a new daily cycle.


Stocks printed their lowest point on Thursday, day 39, placing them in their timing band for a DCL. While Friday’s swing low indicates a new daily cycle, stocks will need to break above the declining trend line to confirm the new daily cycle. Stocks have begun a daily downtrend. They will remain in its downtrend unless they close above the upper 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

The 6/22/18 Weekend Report Preview

The Dollar

The dollar’s bearish reversal on day 5 sets up a left translated daily cycle formation.

The dollar followed up Thursday’s bearish reversal by forming a daily swing high. The dollar also closed below the 10 day MA on Friday to signal the beginning of the daily cycle decline. A peak on day 5 indicates a left translated daily cycle formation which aligns with our intermediate cycle framework, which I discuss in the Weekend Report. However, the dollar is in a daily uptrend. It will remain in its uptrend unless it closes below the lower daily cycle band.

Stocks

The daily equity cycle peaked on day 28. Then went on to form a swing high and close below the day 10 MA to signal the daily cycle decline. Stocks printed their lowest point on Tuesday, day 32, which places stocks in their timing band for a DCL. Wednesday’s swing low signaled a new daily cycle.

But stocks formed a swing high on Thursday, negating Wednesday’s swing low. A break below 2743.19 will extend the daily cycle decline. But a close back above the 10 day MA will signal a new daily cycle. Stocks are in a daily uptrend and will remain so 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

Stocks Deliver Cycle Band Buy Signal

Stocks delivered a cycle band buy signal on Wednesday.

Stocks have been in a daily uptrend characterized by peaks above the upper daily cycle band and troughs (lows) above the lower daily cycle band. The decline into the day 32 low was mild but did mange to close below the 10 day MA and turn it lower. The swing low that formed on Wednesday formed above the lower daily cycle band to deliver a cycle band buy signal and indicate that stocks remain in their daily uptrend. Stocks will continue in their daily uptrend until they close below the lower daily cycle band.