US Dollar
Did the Dollar Index just do an Around the Apex Move >?
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Don’t know what that means but I believe the chart shows the dollar will rally to at least 95- 95.5 pretty soon.
Time will tell, however my view is it’s at a buy point
https://stockcharts.com/h-sc/ui?s=UUP&p=120&yr=0&mn=3&dy=15&id=p96024701382&listNum=239&a=820806865
Looks like 3 left shoulders and a head so far to me
Very tight trading…
The USD is in the Heart of my normal timing band to find a short-term Trading Cycle Low (TCL / DCL) and my target was for it to find support at the 50ma. The USD tested the 50ma today and is bouncing thus far. After the next TCL forms, my upside target on the USD from here is 96-97 range and I expect this move up will allow Gold & PM’s to move into their longer-term Intermediate Cycle Low (ICL)
Trunp: No deal you jacked me off to much.. USD dollar says Boo Yeh
https://stockcharts.com/h-sc/ui?s=UUP&p=120&yr=0&mn=3&dy=15&id=p83687076740&listNum=239&a=820806865
Classic negotiation style — I gave you my best deal, encouraged you to take it and you thought you could bully me –> so have it your way – NO DEAL & You’re about to get fired!
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