The 2/26/16 Weekend Report Preview

The Dollar
$$$http://postimg.org/image/8jp4ugbcv/

The dollar printed a new high on Friday, day 10, closing above the 50 day MA.

A new high on day begins to shift the odds towards a right translated daily cycle formation. If the dollar forms a right translated daily cycle that would indicate that an intermediate low printed in February. Also a close above the daily upper daily cycle band indicates a new intermediate cycle.

Stocks
stockshttp://postimg.org/image/69wujdu9x/

This week stocks broke the pattern of printing lower highs that began in November, 2015.

Stocks printed a higher high on Friday, which was day 9 for the daily equity cycle. The higher high is a signal that stocks are in a new intermediate cycle. A close above the upper daily cycle band will provide further confirmation of a new intermediate cycle. Not only does it look more and more like February hosted an intermediate cycle low, there are also signals that a major, 7 year cycle low has also printed. I plan to discuss this later this weekend. The weekly chart also points to February hosting the intermediate cycle low. The intermediate equity cycle is covered in further detail in the Weekend Report.

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, The CRB Index, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.