For some reason the charts originally included with this post wouldn't open with usual double click. I uploaded them again, so let's see if they will open this time.
Well, the dollar is has entered the trendline resistance area I showed in my earlier analysis posted 12/6/09 as the dollar was bottoming: http://markettime-patterns.blogspot.com/2009/12/dollar-analysis.html
If the dollar manages a weekly close or two above the trendline, I think it will likely indicate the dollar will ultimately go much higher, short-term down drafts not withstanding.
As shown on the updated chart, there is a 285 week vibration that is due the week of 6/7/10. We should find out soon if it shows up again. Not shown on the chart are some other shorter-term time squares lining up for this same week. Also not show is another significant timing confluence due around Aug 6-10, 2010.
The second chart is a close-up of recent activity that looks like a five wave pattern may be ending and we are completing a final 5th wave thrust out of the triangle that formed over the last few weeks. Also the 14 period RSI has significant divergence with price. Additional comments are included on the longer-term chart.
Kim Rice 6/6/10
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