Cycle Trading

Dollar

The dollar printed its lowest point on day 23, placing the dollar in the early part of its timing band for a DCL.

A break above the declining trend line will have us label day 23 as the DCL. The dollar is currently in a daily uptrend. A close back above the declining trend line will signal a continuation of the daily uptrend and trigger a daily cycle band buy signal.

tocks

Stocks recovered the 200 day MA on Tuesday then went on to print a new daily cycle high on Friday.

Friday was day 21 for the daily cycle. The new high on day 21 shifts the odds toward a right translated daily cycle formation. That aligns with stocks being in a daily uptrend. Stocks will remain in their daily uptrend unless they close below the lower daily cycle band.

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

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