It’s Getting Late …

Stocks broke below the previous DCL this week.

Breaking below the previous daily cycle low forms a failed daily cycle and extends the intermediate cycle decline.  Thursday was day 36, placing stocks in their timing band for a DCL.  However, stocks found support at the 200 day MA and formed a bullish reversal on Friday. Friday was day 37, placing in stocks in their timing band for a daily cycle low.  A break above 5783.01 will form a swing low.  Then they close above the 10 day MA will signal the new daily cycle.   Stocks are currently in the daily downtrend.  Stocks will remain in their daily downtrend unless they close above the upper daily cycle band

But what does this mean for the longer term intermediate (weekly) cycle and yearly cycle? 

The failed daily cycle signals the intermediate cycle decline.  The question is, was week 23 the intermediate cycle low and this is week 7 of a new intermediate cycle — or — is this week 30 on an extended intermediate cycle. 

March is month 17 for the yearly cycle.  That places stocks very deep in their timing band for a yearly cycle low.  A monthly swing high its required to signal the yearly cycle decline.  Stocks have formed a monthly swing high …

Summary

Stocks are late in their timing band for:

In my special report, It’s Getting Late, I discuss this week’s failed daily cycle and what that means for the intermediate cycle.  And then we will look at where stocks are in their process of their yearly cycle decline.

This week I am offering a special 6 week trial subscription, along with the Special Report Report – It’s Getting Late, for $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 & FBTC, and XLE.

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.

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