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WLinvestment
Sep 2, 2020 1:09 PM

USDx About to RIP. Goodbye Metals+Crypto+Nasdaq Long

U.S. Dollar Currency IndexTVC

Description

The DXY has put in a weekly TD9, and a massive divergence across daily to 5 day timeframes. Whether we dip marginally lower to 90.50 first, I don't know. But the US dollar index is about to be king again. Expect a 3+ point move within days.

Comment

Moving well so far. Over 94.20~ and I think we can really move. We could get a stimulus package that could send it back down, but I am still leaning bullish
Comments
Arielwillson
Well done
WLinvestment
@Arielwillson, Thanks Ariel!
Debbiesilvara
Beautiful explanation
WLinvestment
@Debbiesilvara, Thanks Debbie! I'm expecting the USDX to keep moving into next week... maybe we see some kind of catalyst this weekend...
DawnButlers
i must say your ideas are very accurate. Thank you so much.
WLinvestment
@DawnButlers, appreciate it Dawn! I'll be starting to post more shortly. I specialize in timing combined with traditional TA
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