Cycle Trading

Stocks formed a swing low on Monday. Stocks printed their lowest point on Friday, day 30, placing them in their timing band for a DCL. With Monday’s close back above the 10 day moving average, we will label day 30 as the daily cycle low.

The decline into the DCL caused the 10 day moving average to roll over sharply. That typically results in some initial friction early in a new cycle. Stocks may need to consolidate here in order to allow the 10 day moving average time to catch up to price. A close above last week’s reaction high would further reinforce the new daily cycle.

But the bigger question now becomes: Is this just a new daily cycle, or are we also seeing the formation of the intermediate cycle low?

I covered this in detail — including historical timing, probabilities, and what a new intermediate cycle would mean for the larger yearly cycle — in the Special Report: Intermediate Expectations.  

This week I am offering a Special Report: Intermediate Expectations. In the Special Report I’ll examine:

• How deep this intermediate decline is likely to run,
• Whether the pending DCL is also setting the intermediate cycle low (ICL), and
• What the historical timing suggests for the next major rally phase.

With Black Friday approaching, I’ll be offering a limited-time subscription special for new members. Get the Special Report, Intermediate Expectations and 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 daily charts for the above mentioned asset classes.

3) The Weekend Updates, posted on Sundays, looks at the daily & weekly charts of the BTC, Dax, Copper, Natgas & XLE.

4) Weekly Update of the Bullish Percentile Bingo.

5) Frequent updates of my proprietary Buy/Sell Indicator.

The goal of the Weekend Report is to develop an on-going framework of expectations using cycle analysis. Click here for the Special Report and Black Friday offer.