Category: All posts

01/24/24 – “Inflation continues to be a driving force behind most of the markets, triggering abrupt reversals or violent swings when unexpected data emerges.  One of the key gauges of commodity inflation – described for several years in these publications – is the Goldman Sachs Commodity Index (pictured above). With its heavier weighting in energy markets, the GSCI often mimics the movement in Crude Oil… but there is enough […]

01/20/24 – “Bitcoin & Ether are showing signs of topping after Bitcoin reached its 3 – 6 month/~48,000/BT target, setting its highest daily close at 47,985/BTH on Jan. 8.  That fulfilled its multi-month buy signals from mid-Sept & mid-Oct ’23… Bitcoin plunged from there, leaving intact its ~8.5 – 9-month/36 – 38-week high-high-high-(high) Cycle Progression.  Bitcoin tested & held its weekly HLS, portending a 1 – 2 month low […]

01/17/24 – “The Dollar Index turned its daily & intra-month trends up, spurring further upside and reinforcing the outlook for a rally toward 103.75/DXH – its 4th wave of lesser degree resistance and upside target.  Daily cycle highs converge on January 19/22 and are likely to time a 1 – 2 week peak. If so, that would likely spur a drop into the next phase of the Dollar’s ~4-week low-high-high-high-high-low-low-(low; January 25 […]

01/13/24 – “Bitcoin & Ether spiked up with Bitcoin reaching its ~48,000/BT target, setting its highest daily close at 47,985/BTH (47,108/BTC) on January 8 and fulfilling its multi-month buy signals from mid-September ’23 & mid-October ’23.  It dropped from there, leaving intact its highest weekly close (in Dec ’23) that perpetuated an ~8.5 – 9-month/36 – 38-week high-high-high-(high) Cycle Progression. These peaks offered the ideal place to lighten […]

01/11/24 – “The Battle Rages On!  The Dollar remains under pressure and Gold has been consolidating, leaving room for Bitcoin to shoot up to its 3 – 6 month extreme target near 48,000/BT.   As detailed since early-December:   — 12-06-23 Weekly Re-Lay Alert – “Bitcoin has nearly reached its multi-month upside target – at ~45,000/BT (see Oct., Nov. & Dec. ’23 INSIIDE Tracks) – and could spike […]

01/11/24 – “Bitcoin & Ether spiked above their late-December cycle highs in anticipation of, and reaction to, the SEC ruling on Bitcoin ETFs.  That allowed Bitcoin to spike up to ~48,000/BT and set its highest daily close at 47,985/BTH (47,108/BTC) on January 8, fulfilling its multi-month buy signals from mid-September ’23 & mid-October ’23 while reaching extreme upside targets for this phase of the crypto rally:   […]