derekh42

Here’s an indicator that predicts market moves

Long
TVC:DXY   U.S. Dollar Index
This large move up looks bullish for the dollar. I believe in the milkshake theory “Brent Johnson’s” theory about how the dollar will explode to new highs. Safe haven assets like the usd even with all the stimulus should make new highs in theory as people flee to safety the next leg down. Spx bad a bearish weekly candle, extended lockdowns, no economy, and futures pointing down 1.2 percent at the time of this write up. One more confirmation day and gold will rally to new highs as well. Watch 2720 spx as I think we may test it tomorrow. All can change as Wall Street pumps this market. I am short A small position 12 percent of my portfolio the spx. I hold hive,Bto, yri abd recently HSD. I hold a 100 shares of HOU I bought for extremely cheap and will hold for awhile. I hold usd and 400 oz of silver just recently sold my 2 oz of gold to double up my silver holdings. This is how I am playing this market long term but I also day trade for extra income. Nasdaq Closed bullish but to go net short this market we need the Sell signal from the Nasdaq. The big move up in the dxy shows me people are running to safe assets. First hint of the next leg down. 2nd hint, Spx rejected the 61 fib level. 3rd hint will be the close a day a whole day under 2720 on the snp500. Good luck!

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