Cycle Trading

The Dollar finally formed a swing high on day 30.

Needless to say, the dollar is very late in the timing band to print a daily cycle low.
The dollar still needs to break below the daily cycle trend line to confirm that the daily cycle is in decline.

With such a late cycle count, I do not expect a lengthy sell off.
The expectation following a right translated daily cycle would be for the next daily cycle to print a higher daily cycle high.

Stocks

Stocks printed a new daily cycle high at day 13.

Even though a new high was printed, stocks closed lower on the day.
The dollar rolling over normally gives a lift to equities.

Judging by the strong Buying on Weakness print it seems that stocks will make another push higher before rolling over into a half cycle low.

Once the dollar rallies out of its impending daily cycle low, that will likely send equities into at least a half cycle low.
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