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April 3, 2024 | Israeli into April

Martin Armstrong

Martin Arthur Armstrong is current chairman and founder of Armstrong Economics. He is best known for his economic predictions based on the Economic Confidence Model, which he developed.

Israel Y Bifurcation 2021 target

QUESTION: Marty Socrates was the only one to forecast the trend change in Israel in 2021. With tensions rising over Iran, the forecast for a dollar rally into 2025 seems to be on point. My question is, I assume the 2021 low is a major low, and how high will the dollar go?

Thank you so much for Socrates. It is the only analysis that is ever unbiased.


Israel Y tech target 4 3 24

ANSWER: The 2021 low was the target on the array and our Bifurcation models. This currency elected a Yearly Bullish signal at the end of 2022, and that confirmed that the 2021 low would be a major low. It is interesting that when Israel withdrew from Lebanon in 1983, the dollar rose for 19 years. It was 2021 when the Israeli-Palestine Crisis started to catch fire. Once again, you see that the dollar rises from the threat of a Middle East War.

Israeli Shekel W Array 4 3 24

The volatility was due to rise the first week of April but this appears to be escalating into the week of April 22nd

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April 3rd, 2024

Posted In: Armstrong Economics

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