Maybe ... beware. Watch those TL's. Ask your man.
I do not have a time cycle high in the dollar until next year. Window for a high appears to open up about end of 1st quarter 2023, I think it could be significant. I get same window on crypto, big low. Could be off of course TC's just another tool, to lead one astray now and then.
Just watched Mr. Hurst on the dollar, a long one. He used a bit of different method, but on exact same path for next IT high as I. Two slightly different methods, we wind up same spot.
I still have 10 yr topping before end of year, early Dec a good date, dollar then a bit later. General market reading all this, in advance?
Powell is going to hit us another lick, he has said as much. Market knows. But doesn't mean it has to like it. Next meeting 11/2, final one 12/14. 11/2 not far off. I think the 12/14 outcome is going to set the tone going forward. Jerome may blink, under a lot of criticism and pressure. But post 12/14 the dollar needs to rise into its cycle high, finish off the mo mo.
Going shopping for CD's soon. The IT peak is close.
Skeptical and watching as well. Would love to see Mara dribble down to lower single digits, Riot and Clsk back to near penny stocks. Then we can do it all over again.
We agree I think ... crypto is not down for the count. All about timing.
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