Cycle Trading

The Miners delivered bearish follow through on Monday by breaking convincingly below the 200 day MA to close 4.29% lower for the day.

This should trigger a bloodbath phase for the Miners that can last 5 to 7 days – which would bring the Miners in the early part of their timing band for a daily cycle low. This just happens to coincide with the dollar beginning a new daily cycle.

The dollar printed a bullish reversal on Monday. This was day 23, placing the dollar in its timing band for a daily cycle low. Monday’s bullish reversal has eased the parameters for forming a swing low. A break above 92.79 will form a swing low to signal a new daily cycle. However, in the Weekend Report we will discuss how the dollar is declining into an intermediate cycle low which give us the expectation for the new daily cycle for the dollar to left translate and fail. A left translated cycle typically peaks by day 8, which aligns with the anticipated bloodbath phase for the Miners. So once the dollar forms a swing high, that will signal a potential DCL for the Miners. Which will be the next major buying opportunity for the Miners.

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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 daily charts for the above mentioned asset classes.

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