DAVID_GIRALDO

dollar index views for the week

TVC:DXY   US Dollar Currency Index
77 0 4
price is still rising with no indication of loss of momentum. price is still impulsive. waiting for it to become impulsive corrective before entering shorts on the dollar. if price starts to channel itself around the 88.6%, that will be the ideal indication buyers are losing power
Comment: finally price is showing that bulls are losing power. they still should have more up to go unless price consolidates and makes a continuation pattern
Comment: headed back up to sellzone...
Comment: price rallying into sell zone. the previous drop was the loss of momentum i was looking for. sellers now are starting to have power yet bulls are still in charge. wait for bulls to blow off some more steam as one of the next few drops will be where the bulls get over powered by sellers.
Comment: watch for the big sell!!
Comment: already we start to see ucad drop!
Comment: DXYV shpwing divergence on 4hr
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