Cycle Trading

The Miners delivered a bullish surprise on Thursday.

The Miners were rejected by the 50 day MA. They formed a swing high then closed below both the 200 day MA and the 10 day MA on Tuesday to signal the daily cycle decline. At this point if the Miners were going to extend their intermediate cycle decline, then the gravitational pull of the pending ICL should have taken over. Instead, the Miners regained both the 10 day MA and the 200 day MA on Wednesday and closed higher again on Thursday. A break above the day 16 high of 37.44 will shift the odds towards a right translated daily cycle formation. Which is one of the confirmations that the Miners have begun a new intermediate cycle. The Miners are in a daily uptrend. A close back above the upper daily cycle band will affirm the daily uptrend and trigger a cycle band buy signal.

In my Special Report, Bullish Expectations, I will breakdown how the long term gold & Miner charts are setting up of a potential trending move.  This week I am running a year end special.   Along with my special report, Bullish Expectations,  you will receive a 6 week trial subscription that will give you full access to the premium site.  This 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 and weekly charts of GBTC, DAX, GYX, NATGAS and 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 special report Bullish Expectations and the 6 week trial subscription click here. 

Current subscribers can access the report here.