likesmoneystudies posted: " Stocks broke below the February low this week. If February was the yearly cycle low, then the first intermediate cycle should right translate. Instead, stocks peaked on what would have been week 5 then went on to break below the February low t"
If February was the yearly cycle low, then the first intermediate cycle should right translate. Instead, stocks peaked on what would have been week 5 then went on to break below the February low this week.
And - if February was the intermediate cycle low, then the first daily cycle should right translate. Instead, stocks printed consecutive failed daily cycles, beginning a pattern of lower lows.
In the Weekend Report I take a look at the bigger picture for stocks. I discuss what the consecutive failed daily cycle means in terms of the intermediate and yearly cycles. And why I believe that the best opportunity for gains for the year is still in front of us.
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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 GBTC, DAX, GYX, 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.
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