It usually means the opposite will happen.
According to this ChART.
The dollar looks to be in an Inverse Head and Shoulders Bottom...
Which would target the 112 resistance level...
Which should set up a consolidation period.
This would set up a Cup and Handle for a break towards 124 in the 2025ish region...
THIS IS NOT BULLISH FOR ANY MARKET.
THE ONLY HEDGE HERE IS HIGH-INTEREST SAVINGS ACCOUNTS.
Or SHORTING ALL Indices, Gold, Silver, Bitcoin!
I hit the nail on the head last go around. (link below)
Do as you will...
According to this ChART.
The dollar looks to be in an Inverse Head and Shoulders Bottom...
Which would target the 112 resistance level...
Which should set up a consolidation period.
This would set up a Cup and Handle for a break towards 124 in the 2025ish region...
THIS IS NOT BULLISH FOR ANY MARKET.
THE ONLY HEDGE HERE IS HIGH-INTEREST SAVINGS ACCOUNTS.
Or SHORTING ALL Indices, Gold, Silver, Bitcoin!
I hit the nail on the head last go around. (link below)
Do as you will...
ChARTist @ Large, uncovering Mysteries In the ChARTs daily...