Cycle Trading

The Dollar

The Dollar formed a daily swing high on Monday.  The dollar then delivered a bearish follow through into Friday to signal the daily cycle decline. 

The dollar printed its lowest point on Friday, day 18, placing it in the early part of its timing band for a DCL. We will be watching the rising 200 day MA as a possible support for a DCL to form. A swing low and a close back above the 10 day MA will signal the DCL.  The dollar is currently in a daily downtrend.  The dollar will remain in its daily downtrend unless it closes above the upper daily cycle band. 

Stocks

Stocks gapped higher on Tuesday then consolidated Wednesday, Thursday, and Friday.

Stocks are now stretched above the 10 day MA.  Stocks may need to continue to consolidate to allow the 10 day MA to catch up to price.  Stocks are currently in a daily uptrend. Stocks will remain in their daily uptrend unless they close below the lower daily cycle band.

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.