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stewdamus
Sep 26, 2022 2:23 PM

U.S. Dollar moment of truth is here! 

U.S. Dollar Currency IndexTVC

Description

Traders,

Since 2009 the dollar has remained under this purple trend line. Today we do battle. This is the moment of truth! A cross above it (unexpected) would be bearish for our U.S. stock markets. If we stay below? I expect good things in the next several months.

Comments
Armenco
how could it stay below if we r to rise Fed rate on Nov 2? and what about hitting 2002 Feb high of 120?
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