Tag: Dollar

10/04/23 – “Bitcoin & Ether are rallying after Bitcoin reversed its daily trend up on Sept 18 and then pulled back to rising daily 21 MAC support while twice neutralizing its new daily uptrend. That was the ideal scenario for a Sept 25 low & reversal higher… Bitcoin also remains in a positive wave setup after pulling back and holding its mid-June low.  That should […]

09/30/23 – “Bitcoin & Ether are rallying after Bitcoin reversed its daily trend up on Sept 18 and then pulled back to rising daily 21 MAC support while twice neutralizing its new daily uptrend.  That was the ideal scenario for a Sept 25 low & reversal higher, which should spur a rally into Oct 9 – 13 – fulfilling a 50% rebound in time and a ~3-month high-high-high Cycle […]

09/29/23 – “Over the last 8 – 10 years, while America has been preoccupied (for or against) with the topic of building walls to keep ‘outsiders’ out, China has been steadily building walls to hem in America’s (and the West’s) global influence and ‘corral’ her into a more confined role in geopolitics. In many cases, America has done a lot of the ‘heavy lifting’ […]

08/12/23 – “The Dollar is rallying into daily & weekly cycles on Aug 14 – 25… as the Euro & Yen decline… Stock Indices are slowly selling off after peaking and reversing lower in late-July/early-August ‘23, turning daily & intra-month trends down as a significant ‘danger period’ began.  A vulnerable period extends into late-Aug ’23. The DJIA spiked higher on Aug 1/2 – fulfilling a ~1.5-month low-high-high-(high) Cycle Progression and a […]

08/09/23 – “Stock Indices peaked and reversed lower in late-July/early-August ‘23, turning daily & intra-month trends down as a significant ‘danger period’ began.  That initially validates intermediate cycle highs and the potential for a multi-week sell-off.  A vulnerable period extends into late-Aug ’23. The DJIA spiked higher on Aug 1/2 – fulfilling a ~1.5-month low-high-high-(high) Cycle Progression and a series of ~3-month (90-degree) moves from successive highs on Nov 1/2, Feb […]

08/02/23 – “The Dollar Index remains in a daily uptrend and a weekly downtrend… If the Dollar Index is able to give a daily close above the Aug 1 – 3 trading range – on any day after Aug 3, it should rally into the convergence of multi-week cycles on Aug 14 – 25, ’23… the latest phase of 23 – 24 week & 11 – 12-week […]

07/29/23 – “The Dollar Index rallied to multi-week resistance and is at a crossroads.  The next multi-week cycle convergence arrives on Aug 14 – 25, ’23 – the latest phase of 23 – 24 week & 11 – 12-week high-high-(high/low?) Cycle Progressions… Bitcoin & Ether are confirming that multi-week highs are in place, capable of triggering sell-offs into mid-Aug ’23.  Based on weekly trend patterns and corresponding indicators, that would likely have Ether […]

07/22/23 – “The Dollar Index is rebounding after fulfilling its weekly trend pattern by dropping to new lows.  That sell-off also fulfilled its negative weekly 21 MAC signal and outside-week/2 Close Reversal lower on July 7.  The ensuing rally has already turned the daily trend up, increasing the likelihood a multi-week low has taken hold. The next, more synergistic, cycle convergence arrives on Aug 14 – 25, ’23 – the latest […]