Dollar is going to soar for awhile now
Get ready, commodities will cave and so might the market. Look to my other threads for more elaboration. I'll continue my Dollar thoughts in this thread going forward after that change in dynamic after the FED meeting.
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x.com/TTCSteve/statu...143236321343/photo/1
Alt B will be higher, tagging yellow resistance due to global volatility with central banks cutting and the FED soon to cut as well...
Alt B will be higher, tagging yellow resistance due to global volatility with central banks cutting and the FED soon to cut as well...
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I'd like to think this goes up this week, indicators are in the middle so it will be a continuation imo.
If the dollar retraces back down to the trendline this week, I expect an even more volatile following week for stocks...
I'd like to think this goes up this week, indicators are in the middle so it will be a continuation imo.
If the dollar retraces back down to the trendline this week, I expect an even more volatile following week for stocks...
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Having fun with the Livermore Accumulation pattern, I'm seeing it in all types of TF's. I see a potential one brewing in the dollar, which goes along with my same timings with events.
EW says this should go down to 97 later this summer, LA says this doesn't go down to that point until a little later starting in fall. I'm more inclined to LA because the momentum that's going to drive the dollar higher before the system implodes (140+) requires a prior top out before taking off to it's final ascent.
Having fun with the Livermore Accumulation pattern, I'm seeing it in all types of TF's. I see a potential one brewing in the dollar, which goes along with my same timings with events.
EW says this should go down to 97 later this summer, LA says this doesn't go down to that point until a little later starting in fall. I'm more inclined to LA because the momentum that's going to drive the dollar higher before the system implodes (140+) requires a prior top out before taking off to it's final ascent.
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The path forward for the dollar
The path forward for the dollar
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Back up and show the whole thing:
Nasdaq is gonna have a mean mean-reversal. That'll push up the dollar even more...