TradingView
ZarNegar
Sep 11, 2016 11:29 PM

Heavy fall in Dax Short

U.S. Dollar Currency IndexTVC

Description

Dax was the last step of growth.
And now Dax. The first step is falling
However. Next year will be little growth
But at the end. 65 level are waiting to see.
Comments
ChartArt
The point in time for this inter-mediate DAX cycle peak on your chart has been reached, interesting.
ChartArt
@ChartArt, I mean the US Dollar index, DXY.

This happens at a point in time were investors were disappointed that Trump did not announce any specific stimulus plans for the US on January 11, 2017 during his first press conference as president-elect, which led to a decline in the US Dollar a day later, as the recent very high optimism for a stronger Dollar faded.
ChartArt
@ChartArt, Your related US Dollar index DXY idea appears to start working as you forecasted:

krescht
DAX and Dxy, but your Chart is DXY
mjk123
this looks interesting, but for outsiders this is quite difficult to understand.
it would be nice to have some more detailled information about your diagrams/charts...
More