We noted on Tuesday that the dollar formed a bullish reversal on a multi decade support/resistance level.
Tuesday was day 30, placing the dollar in its timing band for a DCL.
The dollar went on to form a daily swing low on Thursday to signal the new daily cycle. A close above the 10 day MA will have us label day 30 as the DCL. The dollar rallying into a new daily cycle will likely put pressure on stocks and precious metals. In the Weekend Report we will look at the long term picture for the dollar and discuss what the dollar would need to do if Tuesday is not only the DCL, but the ICL as well.
Cycle Trading 
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