FRED:DTWEXM   Trade Weighted U.S. Dollar Index: Major Currencies
I believe we are headed toward a stronger dollar. In the chart is the trade weighted dollar index             , which is a larger basket of foreign currencies than $DXY             ... $DXY             is mostly pegged to the EUR/USD             with around 65% of its currencies reflecting the Euro             or currencies that are heavily reliant on the Euro             . The trade weighted index is therefore a better representation of the dollar as it factors in more currencies.

Bullish divergence has formed in the chart above on the RSI as well as the MACD . Previous bullish divergence (shown) lead to a trend change and ~9% gain in the dollar. Looking for a consolidation 89-90 level then a breakout higher.

One catalyst for this move would be President Trump's repatriation of overseas dollars. I am already under the assumption that that world is short dollar supply, thus this repatriation would further choke the supply. I believe that this will cause a correction in the stock market.

Subsequent plays: short commodities , short emerging markets, long precious metals, long dollars, and long yields.

*not a pro trader & this is not advice
Great Analysis, Thanks Greg
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