jangseohee

Fed playing with Symmetry, Amen

INDEX:DXY   U.S. Dollar Index
2762 5 12
I falled of my chair when my friend and i do a simple math and calculated the amount of years it took to from bottom to peak, peak to bottom, bottom to bottom and the interval of years doing ranging!!!
Oh my god, not differentiation or integration is required
Just PURE primary mathematics and some approximate symmetry.

Unfortunately i can draw a table of comparison here: Starting from 1980 bottom
The number in bracket means number of years.

Bottom to Peak 1980-1985=(5) 1995-2001=(6) 2011-2017=(6)
Peak to Bottom 1985-1992=(7) 2001-2008=(7) 2017-2024=(7)
Bottom to Bottom 1980-1992=(12) 1995-2008=(13) 2011-2024=(13)
Price ranging 1992-1995=(3) 2008-2011=(3) 2024-2027=(3)

If the decade term downtrend line holds, US dollar             might hit around 90.5 by late 2016 or early 2017
and then go down all the way to 63.5

P.S. Triangle 3 is a projection only
Deus
2 years ago
You drew your red trendline using log scale. However if you take normal scale we are already at resistance
snapshot
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jangseohee Deus
2 years ago
Yes, Deus i totally agree with you
Hence the debate regarding log vs normal scale is always there,
my friend DP explained mathematically about log scale

we are both correct in our respective way :-)
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jangseohee Deus
2 years ago
Connecting all the last two highest point and extend it, DXY has broken the downtrend line, now about to retest where it broke as a support right?
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Recluse82 jangseohee
2 years ago
line hit almost at 90.50, no need to wait till 2016
Reply
jangseohee Recluse82
2 years ago
Yup, one more resistance the red line
Reply
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