Tag: Currency

01/20/22 INSIIDE Track Update – “The Dollar Index bounced after testing and holding its weekly HLS last week.  It has approached weekly resistance but reversed its daily trend back up in the process – leaving it in no-man’s-land on an intermediate basis… Bitcoin is consolidating after bottoming at its 2 – 3 month downside objective (40 – 42,000/BT) – where a multi-week low had been forecast.  That […]

01/13/22 INSIIDE Track Update – “Bitcoin retested its 2 – 3 month downside objective (40,000 – 42,000/BT) – where a multi-week low has been forecast.  On a 6 – 12 month basis, that is a ‘4th wave of lesser degree’ (the low immediately preceding the final rally) – the primary support for this correction… While this recent sell-off fulfilled one level of correction, Bitcoin could […]

01/12/22 Weekly Re-Lay Alert – “The Dollar Index continues to correct since peaking in late-Nov. It turned its daily trend down.  On the heels of December’s Intra-month Inverted V Reversal lower (low at start of month, high at mid-month, lower low at month-end), the Dollar projected a likely drop to ~94.30/DXH (Jan ’22 monthly HLS) or lower. That is also a key level of range-trading support (and resistance turned […]

01/05/22 INSIIDE Track Update – “The Dollar Index has consolidated since surging to new highs in late-Nov…  From a broader perspective, the Dollar recently provided another confirmation to analysis that projected a 1 – 2 year low in early-2021 (fulfilling an uncanny ~3-Year Cycle).  It surged above a decisive breakout point in Nov ‘21 and then closed the month above its declining monthly 21 High […]

12/20/21 INSIIDE Track Update – “The Dollar Index has consolidated since surging to new highs in late-Nov. It pulled back and neutralized its daily uptrend multiple times but could not turn the daily trend down – spurring a retest of the recent high.  That could be creating a double-top that fulfills an 8-week low-low-high Cycle Progression, which sub-divided into a 4-week low-high-(high) Cycle Progression. Both of […]

12/13/21 INSIIDE Track Update – “Bitcoin initially fulfilled projections for a plunge from its Nov 9/10 peak near 68,000/BT down to extreme support at 40 – 42,000/BT – where pivotal ‘4th wave of lesser degree’ support exists (the ideal downside target for this magnitude of correction).  It could extend this decline into Dec 22 (+ or – 1 trading day) and retest 40 – 42,000/BT. On a 1 – 2 year basis, […]

12/08/21 Weekly Re-Lay Alert – “Bitcoin initially fulfilled projections for a plunge from its Nov 9/10 peak near 68,000/BT – first down to 54,000 – 56,000/BT and then to 49,000, potentially 40 – 42,000/BT – where pivotal ‘4th wave of lesser degree’ support exists (the ideal downside target for this magnitude of correction). In cash/weekend trading, it spiked down to ~42,000/BT – initially testing that decisive support.  That does not, however, remove […]