dxy is currently backtesting a decade old trendline,
if we get above it, this is bullish for dxy - bearish for the global markets.
this is my updated projection on dxy as of this moment.
i do expect a downturn into a sub-wave 2 of the primary fifth wave to take place sometime soon.
once that wave 2 is completed, there will be some real pain in the markets.
if you think things are pretty bad right now, i'm sorry to say - it can get a whole lot worse.
prepare for it, use stops, and expect the unexpected.
✌
if we get above it, this is bullish for dxy - bearish for the global markets.
this is my updated projection on dxy as of this moment.
i do expect a downturn into a sub-wave 2 of the primary fifth wave to take place sometime soon.
once that wave 2 is completed, there will be some real pain in the markets.
if you think things are pretty bad right now, i'm sorry to say - it can get a whole lot worse.
prepare for it, use stops, and expect the unexpected.
✌
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.