what will it be for the Dollar index? Short or Long? that the million dollar question.
Taking the fundamentals and the economic status of the U.S into consideration, from my teams point of view we are seeing a rejection from in the near term.
This is mostly fuelled by negative diverging momentum from the past 10 years. we can all agree that the U.S is not in better shape then it was 10 years ago, at least that's the story that the chart Infront of us is telling us. the M2 money supply accompanied with the FEDs printing is clearly the reason of this ever devaluating currency. we are seeing a decline in all the currencies coming up and the most that benefit in the upcoming 10 years are those who are not inside the stock market but in real assets.