Tag: Currency

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 […]

07/19/23 – “The Dollar Index fulfilled its weekly trend pattern – projecting a drop to new lows – and its negative weekly 21 MAC signal – as well as its outside-week/2 Close Reversal lower on July 7.  That was/is expected to spur a quick, sharp drop… The Dollar is still expected to set a secondary high on Aug 14 – 25, ’23 – fulfilling 23 – 24 week & 11 […]

07/15/23 – “Bitcoin entered cycle highs on July 14 – 20… The Dollar Index fulfilled its weekly trend pattern – projecting a drop to new lows – and its negative weekly 21 MAC signal… as well as its outside-week/2 Close Reversal lower on July 7.  That was/is expected to spur a quick, sharp drop into July 14… The Dollar is still expected to […]

07/12/23 – “Frequently, these publications will cite an ‘ideal’ scenario – in one market or another – that could unfold.  There are two primary reasons for citing these, and often some secondary reasons, as a market trend or retracement unfolds: The first reason is the obvious one – to anticipate where a market might head. The second is often the more important one […]

06/19/23 INSIIDE Track Update – “Bitcoin & Ether have, since late 2022, been projecting a series of rallies with Bitcoin forecast to rally to ~25,000, then ~30,000, pull back to ~25,000, and then rally to ~35,000.  It just fulfilled the 3rd of those 4 projections while holding its weekly 21 Low MAC (~24,670/BT). Ether tested & held intra-year trend support and 50% retracement support at 1606 […]

06/17/23 Weekly Re-Lay – “Bitcoin & Ether have, since late 2022, been projecting a series of rallies with Bitcoin forecast to rally to ~25,000, then ~30,000, pull back to ~25,000, and then rally to ~35,000.  It just fulfilled the 3rd of those 4 projections while holding its weekly 21 Low MAC (~24,670/BT). Ether tested & held intra-year trend support and 50% retracement support at 1606 – […]

06/14/23 INSIIDE Track Update – “Bitcoin & Ether closed last week below their rising weekly 21 High MACs, delaying the onset of a new rally and inverting what is likely (a low) for daily cycles converging on June 14/15.  That also projected a drop toward their corresponding weekly 21 Low MACs – currently at ~24,670/BT & ~1665/ETH. The June 16 weekly close could have far-reaching implications for […]

06/12/23 INSIIDE Track Update – “Bitcoin & Ether closed last week below their rising weekly 21 High MACs, delaying the onset of a new rally and inverting what is likely (a low) for daily cycles converging on June 14/15.  Neither has turned its weekly trend down, so there is still a good chance for a new rally to follow.  Longer-term weekly & monthly cycles converge […]