February 2nd, 2023
Our mathematical and timing work for the DXY suggests the following.
- DXY is going through a mid cycle sell-off. This sell-off is nearly over. When it completes, the DXY should rise into a major top by January of 2025. More specifically…..
- Our TIMING calculations suggest DXY will bottom on April 28th, 2023 (+/- 5 trading days).
- We have two primary price targets. One at 100 (+/- $1) and the other one at 97.50 (+/- $1). At this point it appears the latter target is more likely.
- Once the bottom is put in place DXY will increase to approximately 120 by January of 2025.
- Subsequently, DXY should COLLAPSE in the first half of 2025.
There are two very important things to pay attention to here.
- The forecast above is consistent with our overall market analysis. As the market fails after its major top in 2023, money should flow into cash/USD.
- Our Time/Price analysis identifies an incredibly important TIME period for the DXY. This is when, typically, a massive move takes place within a compressed period of time. In case of the DXY, it shows the US Dollar will collapse between January and August of 2025.
Supporting Charts.
