I believe that the dollar was in stealth mode and printed its yearly cycle low in February.
I say stealth because it used a shallow one month decline to print that low.
Then in March, it barely printed a swing low, leaving me guessing if a yearly low was in or not.
The reason why this yearly low was hard to spot in real time is because the yearly cycle printed its low in what I refer to as a “year end coil”.
Year end coils can occur at the yearly cycle low and can range from 3 to 5 months.
Over the past 15 yearly cycle lows, these year end coils occurred 7 times.
Back to the yearly cycle, the February low was nine months into the yearly cycle, is that enough for a yearly cycle low?
As it turns out 12 of the preceding 14 yearly cycle lows occurred between 7 and 11 months, making 9 months smack dab in the middle of the timing band for a yearly low.
By labeling February as a yearly cycle low I am not comfortable of including February as part of a 26 week intermediate cycle.
But that does not change my current labeling in the weekly cycle.
This is clearly week 3 of a new weekly cycle.
And Thursday was day 17 of the dollar’s daily cycle.
Day 18 marks the beginning of its approximately 2 week timing band to print a low.
It remains to be seen who the pilot is of our stealth dollar bomber …
Cycle Trading 
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