4xForecaster

$NOK's Geo Completes 5'; Eyes 8.074; Model Mulls Lower Targets

Short
FX:USDNOK   U.S. Dollar/Norwegian Krone
Friends,


THE GEO RULES:

The Geo completed its 5-point regimen at its ectopic 5' level, triggering its compensatory geometric rule, namely: The Geo's Off-Set Rule, whereby:

1 - A price reversal from Point-5 offers the HIGHEST probability of attainment along its 1-4 Line (Wolfe Wave rule as well)
2 - A price reversal from Point-5' offers the HIGHEST probability of attainment at a price level corresponding to Point-4
AND
3 - A price reversal from Point-5'' offers the HIGHEST probability of attainment at a price level corresponding to Point-3


Note that the points 5' and 5'' are merely expressed as a geometric intersection of the 2-4 Line off of Point-3 and Point-1, respectively, as a result of a slight adverse excursion away from the 1-3 Line.

Note also that the frequency of these ectopic points is such that:

Point-5' > Point-5 > Point-5''




PREDICTIVE/FORECASTING MODEL:

As a stand-alone feature in the foreground, the Predictive/Forecasting Model offers the following probable targets:

1 - TG-Lo = 7.93131 - 31 AUG 2015

AND

2 - TG-Lo = 7.87136 - 31 AUG 2015


OVERALL:

Geo completion at 5-prime calls for a high-probability target, as defined above, although the Predictive/Forecasting Model expresses a greater bearish appetite.

Conservative validation rests at 8.23209, whereas general invalidation rests at 8.40050, as shown in the chart.

Best,


David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA


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