Cycle Trading

The Miners formed a daily swing high on Monday.

The Miners closed convincingly below the 50 day MA and also lost the 10 day MA on Monday.

In addition to losing both the 50 day MA and the 10 day MA, the Miners also broke below the daily cycle trend line to signal the daily cycle decline. A peak on day 11 can still result in a left translated daily cycle formation.

Following last intermediate cycle peak the Miners ran into resistance at the 50 day MA (1) in August and was turned lower. Then once again they were rejected by the 50 day MA in early September (2) then went on to complete their intermediate cycle decline in late September. Now it looks like November was the intermediate cycle peak and the Miners were rejected again by the 50 day MA (3). Any bearish follow through will send the Miners to complete their intermediate cycle decline.

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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.

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