JoE

The US dollar can't go up forever.

Short
JoE Updated   
TVC:DXY   U.S. Dollar Index
*** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY***

The US dollar index has been going up but seems to be losing stream and has formed topping patterns as well.
I see a lot of people not looking at it, but often good traders will always keep an eye on all sorts of correlations.

Comment:
For the record, I didn't short the index but went long on EURUSD instead.
Part of that trade was based on DXY prediction.
So far so good.

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