IFTrees

2/10000, Dec12,2022, Trading Series

Short
TVC:DXY   U.S. Dollar Index
1. DXY

The market continued yesterday's trend, in the long - term main power of the market is SHORT.
But there is a strong price rebound request in short - term.
Prices have been effectively supported at 104.5
The first takeprofit point is 105.8, which allows you to close a 50% position
The second point is 106.8, which allows you to close out 50% of the remaining position
The third stop position is 107.9, which can be fully closed for profit

2. BTC

With the short term trend of DXY go strong, free money will join DXY market. The weakness of BTC will continue in the SHORT trend.Both in Long and Short term.
So keep yesterday’s analysis result, BTC will go down. SHORT profit.
The first profit is 16808 - 16655, as the trend is expanding, close 50% here for more potential profit.
The second point will be around 16212 with DXY is over 106.8, and fully close the other 50% to fix profit.

3. SPX

SPX’s price remains at yesterday open price, the trend is not begin yet.
But its recently price was lower and out of last clip concentration area, which means there will be a new SHORT trend.
Pressure and stoploss point is around 4100
If DXY goes as what I expected today,SPX trend will begin as well in a day.
The first profit point should be 3750 for 75% close
And final profit point is 3585 for all close
As the pic marked below:

2/10000, Dec12,2022, Trading Series




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