nmike
Long

US Dollar Index, LONG TERM Box Range Cloning Analysis.

INDEX:DXY   U.S. Dollar Index
1615 24 28
In the last quarter the Dollar Index             broke 2 major trend lines resistances and current quarterly candle (not complete) is well above the reference range box. The next upside target is to the 50% of Clone 1. Break below bottom of Clone 1 could see DXY             fall to trend line S1 or S2.
Why the reference range is horizontal ?
+1 Reply
normally box ranges are "horizontal ", if they are not horizontal then you have channel ranges like here for example,you have horizontal ranges and channel ranges
WFC monthly CLONE analysis
+3 Reply
reference channel 2 is actually a horizontal range box
+2 Reply
2use nmike
So with dollar, it is the bottom in 2008, and two following tops that make the box?
+1 Reply
yes
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do we have a fischer bearish divergence here comparing the current "top" with the mid-2006 top?
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2use jangseohee
BTW, do divergences on Fischer even work?
+1 Reply
@nmike, is this a linear or log chart?
+1 Reply
nmike MOD jangseohee
linear
+1 Reply
oh yes, i've forgotten,
Clones have to be in Linear scale :-)
+2 Reply
DXY - US DOLLAR INDEX - QUARTERLY - Trends Analyzed


I'll leave this one here...this is a very good concept.
+3 Reply
snapshot
Hi Mike! maybe i had miss something, but everything is ok!
buy usd buy the dollar has not yet started World War
http://explosionsofcoalinukraine.blogspot.com/2015/02/chinese-peoples-liberation-army-marine.html
+2 Reply
jangseohee Nickmail
That's so fundamental, nickmail
but it is good information
i think nobody wish to start 3rd world war because there isnt a need to deploy army or whatever.. everything is digitally controlled with a button which has a word "Nuclear/Atom" :-)
+2 Reply
Nickmail jangseohee
i think the war could be! China need a new territory for their economics
+1 Reply
nmike MOD Nickmail
I see your Trix not all scaled to the "right", but that's ok too, here my Trix view
snapshot
+2 Reply
Have you ever think about this? Temporary decline in oil prices, as a way to finance the preparation of a third world war, in which China vs. Russia http://malevichart2.blogspot.com/2015/02/blog-post.html

http://malevichart2.blogspot.com/2015/01/2015.html
+1 Reply
Nickmail, you are crazy if you think that third world war will Russia with China.. China is one of the best friends of Russia (you should see news)
+1 Reply
Fisher "volatility exhaustion" peaks
are often an indication of tops and bottoms when they occur at overbought or oversold conditions
snapshot
+3 Reply
2use nmike
RSI is in overbought zone on 3M now?
+1 Reply
.....no,
snapshot
+2 Reply
Does history always has to repeat or this time it is different?
snapshot
+3 Reply
2use jangseohee
Last time it did a retest of the line, so its hard to say now how is it
+2 Reply
need to get ma first
+1 Reply
it broke the 95 mark, at 96.4
euphoria :-)
unless Yellen up the rate, and i am dead man
+2 Reply
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