USDollar Index Scrapes Model's Target At 11218 | $USD #Forex
PREDICTIVE/FORECASTING + PROP./ADV. PATTERN + TARGETS
Several technical tools point to probable reversal level. Applying predictive/forecasting model today with proprietary pattern overlay, all point to reversal at or near 11218. Prop pattern ("Great White") seeks resolution at an abysmal 9492.
1 - PREDICTIVE ANALYSIS/FORECASTING
-- TG-Hi = 11218 - 04
2 - Wave Redux:
-- A = 9740
-- 3 = 10323
-- A' = 10354
-- 3' = 11009
3 - PROP. PATTERN:
-- Great White = 9492 - 04 NOV 2014
4 - NON-PRICE FIELD;
-- Bearish Ghost Pattern completion
5 - ELLIOTT WAVE:
Cluster of 5th wave terminals line up per 1.414-to-1.618-Fib extensions into Model's TG-Hi level.
6 - OCCULT GEO:
Euclidean Module (pink vertical rectangle) repeats itself (see ghosted numerals 1 and 2). Also, their gap differential (marked as A) repeats itself above second module through gap height projection (marked as B), nearly hitting TG-Hi = 11218 nominal target.
OVERALL:
Very high-probability reversal at TG-Hi = 11218 per convergence of standard and discreet geometries.
- Look for Elliott Wave's Ending Diagonal conclusive geometry over next 3-5 weeks, unless aggressive bear market cheats the target of a few points (near-hit).
- Minimum of 38.2-Fib retracement for multi-year swing could represent first hindrance to long-term decline.
David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA
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Twitter: @4xForecaster
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NOTE - I have included a few charts in TradingView's "Link To Related Ideas" illustrating instances where the standard analyses were used as a background to predictive/forecasting model and occult market geometry applications - Thank you for your supportive readership and kind support - David.
Several technical tools point to probable reversal level. Applying predictive/forecasting model today with proprietary pattern overlay, all point to reversal at or near 11218. Prop pattern ("Great White") seeks resolution at an abysmal 9492.
1 - PREDICTIVE ANALYSIS/FORECASTING
-- TG-Hi = 11218 - 04
2 - Wave Redux:
-- A = 9740
-- 3 = 10323
-- A' = 10354
-- 3' = 11009
3 - PROP. PATTERN:
-- Great White = 9492 - 04 NOV 2014
4 - NON-PRICE FIELD;
-- Bearish Ghost Pattern completion
5 - ELLIOTT WAVE:
Cluster of 5th wave terminals line up per 1.414-to-1.618-Fib extensions into Model's TG-Hi level.
6 - OCCULT GEO:
Euclidean Module (pink vertical rectangle) repeats itself (see ghosted numerals 1 and 2). Also, their gap differential (marked as A) repeats itself above second module through gap height projection (marked as B), nearly hitting TG-Hi = 11218 nominal target.
OVERALL:
Very high-probability reversal at TG-Hi = 11218 per convergence of standard and discreet geometries.
- Look for Elliott Wave's Ending Diagonal conclusive geometry over next 3-5 weeks, unless aggressive bear market cheats the target of a few points (near-hit).
- Minimum of 38.2-Fib retracement for multi-year swing could represent first hindrance to long-term decline.
David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA
-------------
Twitter: @4xForecaster
-------------
NOTE - I have included a few charts in TradingView's "Link To Related Ideas" illustrating instances where the standard analyses were used as a background to predictive/forecasting model and occult market geometry applications - Thank you for your supportive readership and kind support - David.
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