A Day Early but not a Dollar Short

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The dollar has a history of breaking through an important moving average only to reverse and trend the other way.

http://imageshack.com/a/img537/340/4hoPjg.jpg

The daily cycle low printed on 7/1/14 looks to be a trap. This fits well with May hosting the three year cycle low. The break of the upper trend line provides further evidence that May hosted the three year low.

But this is only part of the picture. This three year cycle is only part of a much larger cycle I term the 15 year Super Cycle.

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I would like to make this report available here. The Special Dollar Report and a complementary 1 month subscription to the Likesmoney Premium Site is available for $30.

The complementary subscription will give you full access to the premium site. It includes:

1) The Weekend Report, which is posted usually Sunday mornings. It discusses Dollar, Stocks, Gold, Miners, The CRB Index, & Bonds in terms of daily, weekly and yearly cycles – Which includes the Likesmoney Cycle Tracker.

2)The Mid-Week Update. Posted on Wednesday’s– This is a review of the daily charts for the above mentioned asset classes.

3)Weekend Update look of the daily & weekly charts of Corn & DBA
4)Weekly Update of the Bullish Percentile Bingo
5) Frequent (just about daily) updates of my proprietary FAS Buy/Sell Indicator

The goal of the Weekend Report is to develop an on-going framework of expectations using cycle analysis.

I have also started a terminology section to explain some of the terms used.

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2 responses to “A Day Early but not a Dollar Short”

  1. mika. (@mika2k1) Avatar

    The daily cycle low printed on 7/1/14 looks to be a trap.
    ==

    I disagree. Rather, I think what we’re seeing with the Dollar is a bull trap. The weekly chart of the Euro looks very promising. Given that, I think we’re now VERY close to the point where we’ll be seeing the Dollar take a serious nose dive.

    $EURUSD chart
    https://www.tradingview.com/x/qk6Z2hAy/

  2. […] with the dollar apparently rallying out of a three year low, which we discussed here, it is no wonder that the CRB is taking it on the […]

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