Cycle Trading

As we can see, the dollar broke the daily cycle trend line in the overnight.

Wednesday is day 23 for the current daily cycle.
The dollar is in its timing band for printing a low.
I believe that 9/14 was an intermediate cycle low.

Part of the evidence is the dollar is printing a right translated daily cycle after a series of left translated failed daily cycles.

Therefore the dollar should not break below the 9/14 low.

In fact, the dollar is now due to print a daily cycle low and will likely rally past the 80.42 level to confirm a new intermediate cycle.

Such a rally will likely have a serious impact on equities and PM’s
And knock some off the gold bull …