aceofswords

DXY Personal Overview [Perhaps long at a later date]

INDEX:DXY   U.S. Dollar Index
126 0 1
Although I wouldn't suggest selling USD's at this stage, I do
think the market has its sights set at between 79.50 and 79.00

The Farce that is the 'shutdown debacle' will no doubt assist in this fall, the longer it continues.

At 79.50 there will likely be a 'dead cat bounce' of sorts, might be worth a short term long but
pay attention to price action, as you could well become caught in a stop hunting exercise designed
to fuel more downside momentum.

At 79.00 I can see some BIG players stepping in and thinking that Christmas has
come early lol ;0)
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