Cycle Trading

Stocks printed another higher daily cycle high on Thursday.

Thursday was day 41, placing stocks late in its timing band for a daily cycle low. A swing high and close below the 10 day MA will signal the daily cycle decline. And one thing that could send stocks into their daily decline is a rallying dollar.

The dollar formed a bullish reversal on Thursday. The status of the daily cycle is not clear. The dollar is either in the early part of its timing band for a DCL or deep in its timing band for a DCL. A swing low will signal a new daily cycle. We will need to see a close above the 10 day MA to label Thursday as the DCL.

In my special report, The Bullish And Bearish Case for Stocks I discuss how a rallying dollar can impact stocks. 

This week I am offering a special 6 week trial subscription, along with the Special Report Report – The Bullish And Bearish Case for Stocks $15. Your 6 week trial subscription you will give you full access to the premium site which includes:

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 BTC, DAX, GYX, NATGAS & XLE.

4) Weekly Update of the Bullish Percentile Bingo

5) Frequent updates of my proprietary Buy/Sell Indicators for GDX & FAS & GBTC.

The goal of the Weekend Report is to develop an on-going framework of expectations using cycle analysis. Click here for the report and trial subscription.