timwest
Long

US DOLLAR INDEX - DXY - Quarterly Uptrend until 2Q'2019

TVC:DXY   U.S. Dollar Currency Index
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US DOLLAR INDEX - $DXY

Has been trending on the 3-month time frame since 1996 and is in a 20-quarter uptrend that started in the 3rd quarter of 2014 and should continue until the end of the 2nd quarter of 2019.

Note how the market consolidates for 9-quarters and then trends for 9 quarters before the trend ends, right on time.

1995 to 2000 rally set up a 9-quarter mode and a 9-quarter rally that ended right on time in 2002.

From that peak in 2002, DXY dropped into 2006 where it set up 9-quarters at 89, and set up a 9-quarter decline which ended in 2008 in the 2nd quarter.

From the low in 2008, DXY rallied to form a mode of 20-quarters at 81, and has embarked on an advance that is set to continue for 20-quarters and end at the 2nd quarter of 2019. Since the price is beyond the price range around the last mode around the 81 level, the next uptrend target would be another 19% gain from the 100 level and targeting near the 120 level.

This ULTRA-LONG TIME FRAME FORECAST is possible with the "Time At Mode" methodology.

Tim West

December 15, 2016 1:06PM EST
Comment:

I noticed that the trend chopped back and forth after the lowest low and saw that there was a trend that appeared to have ended, which it did. Sorry I missed it. I don't often view or spend time on the $DXY, but I was asked tonight and looked at it.

June 28, 2017 10:34PM EST
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Hi Tim. Thanks for posting. I don't understand your method, but am I right is thinking that your chart shows that over the next 3 month period x 20 bars (to Q2 2019) you expect price to fill the last white box. Therefore to range down from about 98.84 to 80.65? Therefore a down move is anticipated? Why then is the title of your post LONG to Q2 2019?
Reply
This is a really great chart displaying the methodology you came up with Tim. Really cool.
Cheers.
+1 Reply
timwest IvanLabrie
@IvanLabrie, Thanks Ivan.
+1 Reply
timwest IvanLabrie
@IvanLabrie, I am really "giving away" this powerful technique with charts like this so that people share the trade setups with everyone here at TradingView. We will all be better if we share with each other.
+3 Reply
Great Analysis sir.. Thanks for sharing..cheers.
+1 Reply
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