Cycle Trading

Not much has changed since this morning’s post regarding the dollar

We are still waiting on the dollar to either break above the declining (red) trend line to confirm a day 16 daily cycle low.
Or a break below the (yellow) secondary cycle trend line to signal a final move of the dollar into a daily cycle low.

At 19 days, the dollar can still trend lower for another 6 to 9 more days.

I think that gold may give us an idea on what to expect from the dollar.

We still are waiting on gold to form a weekly swing low accompanied by a weekly cycle trend line break to confirm a new intermediate cycle.
This is very likely the first daily cycle of a new intermediate cycle for gold.

Golds daily cycle stands on day 9. The expectation is for gold to form a right translated daily cycle during this initial daily cycle. A right translated daily cycle should peak after day 12. So tentatively we can look for gold to rally for another 4 to 10 days before the daily cycle rolls over.

That 4 – 10 day window for a gold peak does sync up with 6 – 9 day window for the dollar to print a daily cycle low.

Stocks are currently on day 12.

A 6 to 9 day drop on the dollar could have stocks rallying through to day 18 through day 21.
A dollar rally at that point could send stocks into a half cycle low.

It looks like some of the pieces are starting to fit together …