We have been watching this megaphone topping pattern.
Back in September Stocks appeared to have delivered a classic false breakout. Stocks formed a swing high and closed below upper stem of the megaphone to signal the daily cycle decline and an intermediate cycle decline – which could trigger a revision to the mean.
It appears that stocks forming their daily and weekly lows have negated the revision to the mean
Stocks appear to be in a new intermediate cycle. If they go on to break above the previous daily cycle high that would mean that a bubble scenario is still on the table.
Precious metals also appear to have confirmed then new intermediate cycles this week.
You can get a complete breakdown of stock and precious metals in the Weekend Report.
This week I am running a 6 week Trial Subscription Special
Your 6 week trial subscription you will give you full access to the premium site which includes:
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 – Which includes the Likesmoney Cycle Tracker.
2) The Mid-Week Update. Posted on Wednesday’s is a review of the daily charts for the above mentioned asset classes.
3)The Weekend Updates take a look of the daily & weekly charts of GBTC, 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.
Stocks appear to be in a new intermediate cycle. If they go on to break above the previous daily cycle high that would mean that a bubble scenario is still on the table.
Precious metals also appear to have confirmed then new intermediate cycles this week.
You can get a complete breakdown of stock and precious metals in the Weekend Report.
This week I am running a 6 week Trial Subscription Special
Your 6 week trial subscription you will give you full access to the premium site which includes:
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 – Which includes the Likesmoney Cycle Tracker.
2) The Mid-Week Update. Posted on Wednesday’s is a review of the daily charts for the above mentioned asset classes.
3)The Weekend Updates take a look of the daily & weekly charts of GBTC, 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.
For the 6 week Trial Subscription Special click here.
Cycle Trading 
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