YES...weekly is its own cycle... I'm having trouble with keeping up to this fast 6-7-10 point rocket...of a market...them 5 minute signals are a blink and they're gone almost every 5 minutes...do you know where they go...to check out UNG...LNG. Very interesting signals happening...relates big time to weekly...but the signals and trade will be on daily cause weekly signals don't happen...they follow daily...the chart with weekly CCI is on the dollar indicator posts...if has a stochastics draw some lines up through price can see where signals "TURNS" happened... I'll show some charts and say more... when I get caught up.
TimeFrames...edit I'll say some more on weekly timeframe at bottom of page...
I found that intraday has its own Hi/Lo cycles...5minute runs alone...10/15/30/60 cycle together...this is what I call the Timeframes; tracking CCI as it cycles from oversold to overbought to oversold...10minute is early but is first alert a change in direction is starting...10min. CCI at centerline suggest that you can step over to 15minute CCI...15min at centerline step to 30minute...30minute will keep you in the trade the longest and enable you to capture the most number of points if you entered on 10 or 15minute signals...this is daytrading/swing trading...60 minute lags but needs to show that it to is turning as the 10/15 minute timeframes start to signal change in direction from overbought/oversold signal lines... The Daily chart is its own CCI cycle...if daily CCI points UP you can consider the Market's "BIAS" is up until daily CCI signals change in direction...BEST trades are...trade with the direction of the daily bias. And the Weekly CCI is it's own cycle...
First set of charts are the more basic settings and is all you need to track the intraday CCI cycle...just listen to the CCI signals on the charts...not what you subjectively think the Market should be doing and not what others or I may say...make the charts tell you what is happening. Stay within the parameters of the Bollinger Bands and the special relationship ithe Bands and CCI have...