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View Full Version : A Weekly Look -- Week Ending 4/20



Joshua Brown
04-17-2013,
The current daily cycle is on day 12 and looks to be threatening to print a failed daily cycle.



At day 12, the daily cycle should find its low in the next 4 to 14 days.
The current daily cycle has failed to print a higher daily cycle high.
If the current daily cycle fails, then the dollar will have changed character to lower highs and lower lows.



The Equity daily cycle has a few different interpretations to consider.

The equity daily cycle could have printed a shortened daily cycle at 24 days and we are now currently on day 8 of a new daily cycle.
Or



Friday was day 28 and there is a bear flag forming.

The SPY printed a noticeable 84 million on Selling on Strength.
In light of the recent volatility, this SOS could be meaningful.


A more in-depth discussion can be found on my blog.

Happy Trading

May We All Make More $$$ Faster

Likesmoney


http://likesmoneycycletrading.wordpress.com/