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FreedomBuilder
Jan 27, 2022 10:58 PM

DXY . BE CAREFUL shorting stocks. Short

U.S. Dollar Currency IndexTVC

Description

Hello everyone, I just wanted to share what I'm seeing on the relative strength of the dollar. I outlined a possible completion of wave 1, which is very near Imho. I would be very careful shorting stocks. If you're a swing or long term trader. I believe the best time to short this market is when wave 2 is completed. For now I would be very cautious. Too many people calling for a market top. The sentiment I read is one of disbelieve, not optimism or euphoria. Yes the market has been volatile lately but to me is just setting up for a massive move up, bringing the market to a euphoric state. This is only my opinion and should not be taking as financial advice. Cheers and good luck.
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