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Posted by bkenison on July 24, 2007, 8:23 pm
Kenison Counting Numbers are now projecting that a multi-year bottom
in the U. S. Dollar Index is imminent. We are now entering a critical
time period where a tremendous reversal to the upside will occur.
By applying the counting numbers to the monthly chart, a powerful
three month reversal zone centered on the month of August 2007 is
projected. The U. S. Dollar index has now dropped below the June
monthly low in July, indicating the U. S. Dollar has committed itself
to an important bottom which will occur in July, August or September
2007.
By next applying the counting numbers sequence to the weekly charts,
we see that a powerful three week reversal zone centered on the week
of July 30, 2007 is being projected. If the market trades down into
this reversal zone, we would expect the bottom to occur during that
time frame.
We will be correspondingly applying the counting numbers sequence to
daily and 60 minute charts to determine the three day and three hour
reversal zones contained within the three week reversal zone already
projected.
Copyright (c) 2007 Bruce Kenison. All Rights Reserved.
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Bruce Kenison is the founder of several market timing advisory
services employing the Kenison Counting Numbers precision market
timing method and is the editor of Bruce Kenison's Market Timing
Signals ezine and newsletter available FREE to investors and hedgers.
He is also president of a publishing and seminar production company
that recently published the 5th Edition of Bruce Kenison's Market
Timing Home Study Course. For a FREE subscription to the ezine or
newsletter and information on products and services, send a blank e-
mail with "Subscribe" in the subject line to: brucekenison1@yahoo.com
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