Cycle Trading

Gold printed its lowest point on week 28, placing it late in its timing band for an intermediate cycle low.

Gold did form a weekly swing low last week to signal a new intermediate cycle. But so far this week, gold has not been able to deliver any sustained bullish follow through. Gold will need to close above the 10 week MA and the above the declining weekly trend line to confirm the new intermediate cycle. Gold is in a weekly uptrend. Forming a weekly swing low above the lower weekly cycle band indicates that gold will remain in its weekly uptrend and trigger a weekly cycle band buy signal.

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Here is what is included in the Weekend Report Subscription

1) The Weekend Report, which is posted usually Saturday mornings. It discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles – and it includes the Likesmoney Combination Cycle Tracker & Trend Tracker.

2) The Mid-Week Update. Posted on Wednesdays is a review of the charts for the above mentioned asset classes.

3) The Weekend Updates, posted on Sundays, take a look of the daily & weekly charts of the Dax, GYX, NATGAS & XLE.

4) Weekly Update of the Bullish Percentile Bingo

5) Frequent 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.