
This week stocks formed a weekly swing low.

Stocks broke above the upper stem at the end of 2020. They backtested the upper stem twice. The weekly swing low indicates that stocks are beginning a new intermediate cycle. And with the ICL behind us stocks are breaking out to new highs.
In the Weekend Report I cover why I believe that March 4th was not just a daily cycle low, but an intermediate cycle low as well. If I am correct that stocks are now in week 1 of a new intermediate cycle, and if this weekly cycle right translates then stocks could be rallying for 15 – 20 weeks before the next intermediate cycle decline.
>>>> 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.
Leave a comment