@pipstrading, Trump became president of the United States, a politically inexperienced president, don't you think the United States diplomatic, political, economic and financial adjustment and reform, I think the Fed will not raise interest rates, because once again raise interest rates; U.S. bond yields rise, the primary stage will make the U.S. economy into inflation, and will the end of the U.S. stock market, the bond market bull market, the Fed is to appease the market, not to hit the market. The dollar must be the world's most dazzling
@PeiLi, the bond yield is actually pointing up. there was a breakout this week if you check the US 10Y yield chart. Fed made a statement of 4 rate hike early this year, if they are not even going to do one this year, they might lose their credibility in the market.
@PeiLi, ok. this makes sense. If that is the case, then i think this round of dxy rally will at least move up to test the 1.618 extension first before heading down. so now could be the wave (5), the previous abc could be just a complex corrective wave (4)