End of the big US dollar bull?

TVC:DXY   U.S. Dollar Currency Index
156 1 6
This bull market was probably the best and most obvious, easiest to trade in my whole life... until 2015. Actually 2015 swing trading worked well too. But now we have several reasons to question the charts, and maybe getting ready to switch our view.

Is this bull market reversing into a bear market soon? We are not yet able to decide it. What I see is, that probably this bull market won't be able to continue. It will probably continue "sideaway" with big swings in a very wide range (see weekly), and later... well you know me, I don't like to give such prognosis as I don't see the future, like some "tech analyst guys" with their arrows pointing here and there "do" :-)

- Ichimoku is turning to neutral: Chikou Span is losing open space. Price failed to make a higher high since March/2015. Kijun started to point down. Watch out for future Kumo 26 weeks ahead! Senkou A started to point down towards Senkou B, Kumo is getting thinner.
- 96,55 is very important key level: Kijun and future Senkou B there.
- Heikin-Ashi may turn bearish! Week is not yet over, but the candle looks like a doji , with already bearish bias. Warning --> haDelta/SMA3 cross down at zero
haDelta has been building a negative divergence since March/2015!!!
- EWO             has failed to make a new high since June/2015!

- Ichimoku is back to neutral, bias is changing to bearish: possible bearish Kumo twist 26 days ahead! Price breaks back below Kijun Sen.
- possible triangle break on the lower side --> bearish break
- Heikin-Ashi signal turns bearish with all its components: red candle with long body and no higher wick, haDelta/SMA3 below zero, HA Oscillator red.

Strategy: Open initial shorts! Build position slowly!

Bearish acceleration expected below 98,10
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out