God Bless America.
-DXY forming a potential multi decade long inverse head and shoulder & or a triple bottom.
-We have broken the angled resistance and gone through consolidation. As a result, we have moved up in a parabolic fashion.
-I anticipate continued strength up untill "Zone 2" in which we will experience consolidation & volatility for a good duration of time in the range of roughly 120 and 126.
-This will be followed with further strength up until "Zone 3"; in which we will have to reevaluate market conditions.
Conclusion: Unfortunately this will wreck havoc on global scale; take this as an opportunity to buy assets @ cheap valuations when we see a topping pattern on the DXY. Just as quickly as it can rise, it can fall - the DXY at extreme levels have too much of an effect on the rest of the world; it isn't sustainable.
-We have broken the angled resistance and gone through consolidation. As a result, we have moved up in a parabolic fashion.
-I anticipate continued strength up untill "Zone 2" in which we will experience consolidation & volatility for a good duration of time in the range of roughly 120 and 126.
-This will be followed with further strength up until "Zone 3"; in which we will have to reevaluate market conditions.
Conclusion: Unfortunately this will wreck havoc on global scale; take this as an opportunity to buy assets @ cheap valuations when we see a topping pattern on the DXY. Just as quickly as it can rise, it can fall - the DXY at extreme levels have too much of an effect on the rest of the world; it isn't sustainable.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.