SteveNixon

Bear flag on Dollar index? TR#322 Summary

Short
TVC:DXY   U.S. Dollar Index
There's a lot going on at the moment between the US and China which is in turn increasing the race to the bottom so far as interest rates are concerned. New Zealand is the latest country to announce loosening of money supply with a huge 50 basis point rate cut. They are even talking about zero interest rates, expect AUS to do something similar. The Stock markets are on hold after the big drop but I think there is more down side to come and a further move to safety in on the cards. Short the indexes and long Gold Silver Yen and CHF. Dollar possibly short in a C wave.

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This is not investment advice
Steve Nixon
logicfxtrading

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