A 3-year cycle points to an important low this summer. At 3-years, 3-months, July seems like a good bet but it is possible the cycle low came two months early with the low in May. However, July is also an expected 13-month cycle low. A 95-day cycle low is due the final week in July.
A 2H'14 rally in the Dollar should turn back any rally in commodities (yes, gold too - gasp!) until the secular bear market is finished near year-end. It also has the potential to turn up interest rates which has been the death knell for the previous two bull markets in 2000 and 2007.
Get your copy of the June Lindsay report at Seattle Technical Advisors - the Authority in Lindsay Market Analysis.
