DXY
The EW count of “King Dollar” seems to be on track. It’ s still possible to see a dollar short squeeze but i think it was done when we reached 103 in Dec. 2016.
No doubt in my mind that 2018 will bring inflation and that’s probably why the $USD is smelling more “Global De-dollarization”… Rumors for the Petro-Yuan
to start Jan 18th.
Thanks Gabe! BTW, great call on the break up rather than down on the rising wedge on gold last month!
Thanks Dave.
Yep sometime you can spot those “Leading Diagonal” 🙂