Cycle Trading

The Dollar

The dollar printed a higher daily cycle high on Friday.

Friday was day 15 for the dollar’s daily cycle. A new high on day 15 shifts the odds towards a right translated daily cycle formation. That aligns with the dollar being in a daily uptrend. The dollar will remain in its daily uptrend unless it closes below the lower daily cycle band.

Stocks

Stocks formed a swing low on Friday. 

Stocks printed their lowest point on Thursday, day 43, to place stocks right in the heart of its timing band for a daily cycle low. A close above the 10 day MA will signal the new daily cycle. Stocks are currently in a daily uptrend. Forming a swing low above the lower daily cycle band indicates that stocks will remain in their daily uptrend and triggers a cycle band buy signal.

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