The Dollar
The dollar has been trading in a range since printing the day 14 low in March.
The dollar broke below the daily cycle trend line and below the 50 day MA on Thursday to signal the daily cycle decline. The peak on day 6 locks in a left translated daily cycle. That aligns with the dollar closing below the lower daily cycle band on Thursday to begin a daily downtrend. The dollar will remain in its daily downtrend unless it closes back above the upper daily cycle band.
Stocks
Stocks formed a swing high on Thursday, then closed below the 10 day MA on Friday to signal the daily cycle decline.
Friday was day 28 for the daily equity cycle. A daily cycle decline should last 7 to 10 days which would take takes right into the heart of their timing band for a DCL. Stocks should also retrace to at least the 38 Fib level during the daily cycle decline. Stocks are currently in a daily uptrend. They will remain in their daily uptrend as long as they do not close below the lower daily cycle band.
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Cycle Trading 
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