The 11/30 Weekend Report Preview

The dollar looks to have printed a daily cycle low on Tuesday, day 22,
with a swing low forming on Wednesday.

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The dollar then reversed lower on Thursday, printing a lower low (by one cent).

With a new low printed on Thursday,
if the dollar breaks above the (golden) accelerated declining trend line,
then that would make Friday day 1.

A convincing break below Thursday’s low shifts the odds to Tuesday being the daily cycle low and now the dollar is in a new failed daily cycle.
which would Friday day 3.

Stocks
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The new daily cycle continues to unfold.

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Friday was day 9 for the daily equity cycle.
Stocks have rallied the last 8 out of 10 days.

This is the first daily cycle of a new intermediate cycle.
Therefore the current daily cycle should form as right translated, peaking after 20 days.

The full Weekend Report can be found at Likesmoney Subscription Services at http://likesmoneysubscriptionservices.wordpress.com/

3 responses to “The 11/30 Weekend Report Preview”

  1. Warren Avatar
    Warren

    Thank you for still giving the preview of the Weekend Report, I appreciate this greatly and looking forward to reading your analysis daily. Please keep up the good work and may the dollar falter!

  2. flyaway18 Avatar

    The Fly over at http://www.ibankcoin.com is looking for bloggers. Although his style is pretty alternative and sometimes rogue, he has several quality bloggers. You already have a strong following _ I found you via http://www.slopeofhope.com. Just a thought. Thank you for your analysis.

    1. likesmoneystudies Avatar
      likesmoneystudies

      flyaway18,

      Thanks for the notification that the Fly is looking for bloggers.
      I agree that his style is pretty alternative and rogue.
      The guy is a marketing genius and he has a great idea of inviting bloggers.
      My understanding that they need to perform or be dropped.

      As I though about I feel that I would be compelled to blog just for the sake of production and I would be afraid that I might lose my focus.

      So I think I will pass.

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