DX1! - Dollar Index at equilibrium Long

US Dollar Index® FuturesICEUS

Description

⋅ Jan 12, 2023 4:14 PM

So, here we have the USD Index at the Centerline at a balanced level.

What if the US$ starts go north?
I would say, markets, which are btw. also totally overbought, are tanking.

This scenario is on point with the CPI today.
Obvious or a fluke?

As always, anything can happen, even a new spike in the Indexes.

Comment

⋅ Jan 30, 2023 2:50 PM

Building a base at the Centerline?

Should we prepare for a Long-Shot?

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⋅ Jan 30, 2023 2:50 PM

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⋅ Feb 27, 2023 6:48 AM

On Track so far.

Pullbacks are expected.

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⋅ Sep 8, 2023 12:06 PM

There we go again.

Comments

ShahroozZaremanesh

⋅ Jan 13, 2023 5:26 PM

What is your Idea about Pinbar and Conformation in Weekly Chart?
I am totally agree with you about the Centerline and a balanced Level.

Tr8dingN3rd

⋅ Jan 13, 2023 5:42 PM

@ShahroozZaremanesh,
Hi, thanks for your interest.

No, I don't rely on Pinbars.
I just play the odds. For "confirmation", a higher close above a previous days high could be enough for me. Stop behind the lowest pint from the down move.

Happy weekend §8-)