did $ double bottom?

Dec 17, 2020

If it double bottomed, we may see a multiday rally in dollar. will weaken equities.

Dec 17, 2020

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multi-decade AB = CD with retrace as bunch of harmonics. Looking for a "perfect" XD with 0.886 (Shark) at 89.62. It is only hours away.

Dec 17, 2020

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Dec 17, 2020

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closeup of the shark. for more perfection, we go down like half a point on $. then it swings up.

Dec 17, 2020

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this one is for the dollar bears. since 2008, dollah has been on a tear. higher highs. however, the dollah bears/equity permabulls can't but keep calling for dollah destruction. yeah right!

Enjoy. Hail King Dollah!

Dec 17, 2020

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Typically, for diamond top reversal, the retrace is 1.0 Fib of the longest vertical line in the diamond added to the point where the tape breaks out of the diamond. We are at 0.786 fib. Is this enough of a retrace?