Cycle Trading

Stocks closed back below the 50 week MA the previous week and delivered bearish follow through this week, closing 9.08% lower ! In the past 7 weeks stocks erased the gains from the preceding 7 months. Stocks broke below the previous ICL this week to form a failed intermediate cycle, which signals the yearly cycle decline.

This was week 34, placing stocks very deep in its timing band for an intermediate cycle low. We would need to see a weekly swing low with a close above the 10 week MA to signal a new intermediate cycle.  Due to the huge drop this week, it is not likely for stocks to form a weekly swing low next week.  What we will be watching for is a narrow range, lower weekly low, which would ease the parameters for forming a weekly swing low. We will also be watching the rising 200 week MA for possible support for the ICL to form. Stocks are currently in a weekly downtrend. Breaking below the previous ICL indicates a continuation of its weekly downtrend and signals a weekly cycle band sell signal.

In the Weekend Report I do a full breakdown on what this means for the yearly cycle decline and the multi year cycle decline.

This week I am offering a special 6 week trial subscription 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, Copper, NATGAS & XLE.

4) Weekly Update of the Bullish Percentile Bingo

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

The goal of the Weekend Report is to develop a dynamic framework of expectations using cycle analysis. Click here for the special report and trial subscription.