Chart Shows quarterly DXY and Fed Fund rate, with macro shark harmonic. Terminal PRZ of T1 at 117, t2 125 region with t3 at 136-38. Would be nice to see consolidation at 115-116 back to 106-8 area as other nations begin intervention. As of this hour, GBP halted trading trading as it collapsed 3.25%
***harmonics are not a predictive tool, they are a phenomenon of interest we see in the markets but I personally have no data suggesting they backtest in any consistent or reliable way across asset classes.
***harmonics are not a predictive tool, they are a phenomenon of interest we see in the markets but I personally have no data suggesting they backtest in any consistent or reliable way across asset classes.