IvanLabrie

DXY: Update - Potential bottom of the retracement

Long
IvanLabrie Updated   
TVC:DXY   U.S. Dollar Index
DXY seems to have bottomed after correcting the post-election uptrend for some time.
The 'Time at mode' signals indicate we have a bottom here, and since the top down analysis suggests we will see a massive rally in the dollar, I'm willing to maintain a long bias for the longer term.

I'm long $USDNOK, $USDSEK, $USDMXN and short $GBPUSD for now, whilst flat the Euro. I might take short term longs in that pair from time to time, so I leave it for speculative shorter term setups only.
I'm also long gold and miners, as a hedge for my equities and forex portfolio.

Good luck,

Ivan Labrie.
Comment:
The green line isn't a trendline, it was drawn before the bottom here...

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