Cycle Trading

Big news on the dollar …

The dollar broke below the previous daily cycle low on Friday.
The dollar is now confirmed a failed daily cycle.
A failed daily cycle also signals an intermediate cycle decline.
At day 7, will not enter its timing band for a daily cycle low for another 11 days.
The dollar can trend lower for the next 2 – 3 weeks before printing a daily cycle low.

Stocks

The daily equity cycle currently has peaked on day 17.

Stocks are likely moving into a half cycle low.
Since this is the first daily cycle of a new intermediate cycle,
the expectation is for this daily cycle to form as a right translated cycle peaking on or after day 20.
As the dollar continues down into its failed daily cycle low, I expect to see equities rally out of this half cycle low.
When the dollar rallies out of the forth-coming daily cycle low that should send equities into their daily cycle low.
I think that the second equity daily cycle is at risk to form as left translated.

The Miners

We are still awaiting confirmation of a new intermediate Miner Cycle.

The Miners (barely) printed a weekly swing low, which is the first thing we look for in confirming a new intermeidiate cycle.

To subscribe: http://likesmoneysubscriptionservices.wordpress.com/

For subscribers: the full Weekend Report can be found at Likesmoney Subscription Services at http://likesmoney.wordpress.com/