Written by:
Patrick Mikula CTA
Mikula Forecasting Company
www.MikulaForecasting.com
support@MikulaForecasting.com
Copyright © 2009 by Patrick Mikula All Rights Reserved
The chart below shows a weekly chart for the US Dollar Index. On this chart I have applied three MarketWarrior indicators: the Square of 9 chapter 13, the Swing Projector and the Stochastic Smoothed. The indicator Square of 9 chapter 13 will draw the price time grid that is seen on the chart below. I have labeled the pivots where the price was on a vertical time line drawn by the Square of 9 chapter 13 indicator and the stochastic was either close to 10 or close to 0. These situations are labeled A, B, and C. Currently on this chart, the price for the US Dollar Index is at point D. At point D the price is on a a vertical time line drawn by the Square of 9 chapter 13 indicator, the stochastic has recently made a bottom close to 0 and the Swing Projector is showing a red triangle with a “B” inside. This Swing Projector icon indicates all the conditions for a bottom has been met. I would expect the US Dollar index to make a bottom at point D. The next point where I would look for a turning point is “E”. I would expect the US Dollar Index to make 1 and possibly 2 turning points between points D and E.
Square of 9 Forecast
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