A Perfect Storm US30
So.
With everything going on in the Yield Bonds market, it begs the question of what is to occur in the Stock market.
A correlation can be made between DXY and the US30 movements.
When is to come of this Daily Engulfing candle we have just observed?
Nothing can be guaranteed but if one this is observed; history repeats. The last time we saw an engulfing candle such as this was Sept 3, followed by a significant ABC correction.
Notice in the DXY analysis that there are EXTREMELY close time and price moves that can be correlated with this US30 analysis.
We will have to see how things play out.
The Fib Speed Fan is a relevant indicator of price moves through time. With every major reversal point being layed on the chart, we can see an equal and opposite move on the other side of the 1/1 ratio line.
There are significant mirroring patterns from the .75, .618, .50; on the upwards correction out of the gulley, into the uptrend, and now to the downward correction. The trendlines have been confirmed.
Through and through, we are seeing currencies looking extremely exhausted.
A correction is coming. Be cautious in these times of certainty.
With everything going on in the Yield Bonds market, it begs the question of what is to occur in the Stock market.
A correlation can be made between DXY and the US30 movements.
When is to come of this Daily Engulfing candle we have just observed?
Nothing can be guaranteed but if one this is observed; history repeats. The last time we saw an engulfing candle such as this was Sept 3, followed by a significant ABC correction.
Notice in the DXY analysis that there are EXTREMELY close time and price moves that can be correlated with this US30 analysis.
We will have to see how things play out.
The Fib Speed Fan is a relevant indicator of price moves through time. With every major reversal point being layed on the chart, we can see an equal and opposite move on the other side of the 1/1 ratio line.
There are significant mirroring patterns from the .75, .618, .50; on the upwards correction out of the gulley, into the uptrend, and now to the downward correction. The trendlines have been confirmed.
Through and through, we are seeing currencies looking extremely exhausted.
A correction is coming. Be cautious in these times of certainty.
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