to add to the comments of other posters, the $ is overdue on a cyclic base for some kind of rally off a nominal 40 wk low.
monthly chart...
weekly chart.....
US Dollar
Started by
airedale88
, Apr 24 2007 12:33 AM
3 replies to this topic
#1
Posted 24 April 2007 - 12:33 AM
airedale
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#2
Posted 24 April 2007 - 04:17 AM
I'm sorta looking for a bounce of these levels that doesnt' last long and then some prints in the 79s. After that there could be a more significant rally but who knows. More guessing than anything by me.
Your cycle stuff looks great airedale....
#3
Posted 24 April 2007 - 12:56 PM
Aire: Nice charts. Thanks for sharing. Does gold have a similar cyclic structure being thought of as being inverse to the dollar?
#4
Posted 25 April 2007 - 05:28 AM
bearitch, gold, the $, stock indexes, all share the same set of related cycles from Hurst's cyclic model. the specific fundamentals of each will cause the variation seen in even the longer multi year cycles so at times these different vehicles may seem to have an inverse relationship while at other times they move in accordance with each other. Hurst would say the often out of sync phasing of the longer cycles is the cause of the inverse relationships seen at times.
airedale
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England