Cycle Trading

On Monday we discussed with the dollar in a daily downtrend, Monday’s swing high and close below the converging 10 day MA and 50 day MA indicates a continuation of its daily downtrend and signals a cycle band sell signal.

The dollar delivered bearish follow through on Tuesday.

The dollar was clearly rejected by the converging 10 day MA and 50 day MA on Tuesday to close 1.35% down for the day, signaling the daily cycle decline. At 15 days the dollar should trend lower for another 2 – 3 weeks before printing its DCL. However,the previous daily cycle was rather stretched at 39 days and the dollar is currently very oversold. So it is possible to see a shortened daily cycle here, which would help to balance out the cycle counts. In the Weekend Report I plan to break down what this means for the weekly cycle, yearly cycle and the 3 year cycle. But I will give you a hint – its bearish.

This week I am going to offer an early Black Friday Special.

The Likesmoney Black Friday Sale for New Subscribers

Black Friday Sale — get an extra month on the 3 month subscription – 4 months for $60 — click here.

Black Friday Sale — get an extra two months on the 6 month subscription – 8 months for $100 — click here.

Here is what is included in the Weekend Report Subscription

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 – and it includes the Likesmoney Combination Cycle Tracker & Trend Tracker.

2) The Mid-Week Update. Posted on Wednesdays is a review of the charts for the above mentioned asset classes.

3) The Weekend Updates, posted on Sundays, take a look of the daily & weekly charts of the Dax, Copper, 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.