D.H.S.A.

Dirty Harry Stock Analyst

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“Well dollar, do you feel bullish?”

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It is undeniable that the dollar has taken a turn over the past few weeks.

The dollar normally finds its weekly cycle low every 18 – 22 weeks .

The new daily cycle is just 4 days old.

This new daily cycle will not be due for a bottom for another 4 – 5 weeks.

4 – 5 weeks takes the current intermediate cycle to around 19 – 20 weeks, which is right in the timing band for an intermediate cycle low.

Meanwhile, It appears that gold printed a daily cycle low on Thursday.

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Wednesday was day 4 of gold’s new daily cycle.
Gold should have another 2 -3 weeks of upside before seeking out its next daily cycle low.

Another 2 – 3 weeks of upside will have D.S.A.H. commenting …

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4 responses to “D.H.S.A.”

  1. robert Avatar
    robert

    LM,

    In your opinion, does the outcome of the election in Greece on Sunday shift or change your cycle analysis–also there is the Fed meeting on the 20th–where i doubt Bernanke will announce a new QE3–These events could really screw up the cycles depending on there outcome-Any thoughts on this —

    1. likesmoneystudies Avatar
      likesmoneystudies

      News events can effect cycles. The news could already baked in. If not it can lengthen or shorten a cycle, or just cause some noise in the normal course of the cycle.
      I haven’t spent any time pondering how the Greek election will impact cycles.

      And we will just have to see what Ben does say …

  2. Duuuuuude Avatar
    Duuuuuude

    I would love a link that gives your cycle counts for the asset classes you follow……. Something where at a glance, I can see where the daily and weekly cycles and intermediate cycles begin.

    Keep up the good work! You are doing a great job!

    1. likesmoneystudies Avatar
      likesmoneystudies

      That is an excellent idea. I’ll have to give it some thought

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