TVC:DXY   U.S. Dollar Currency Index
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dxy will be moving higher and higher after completing a regular flat ABC of wave 4, now its the genesis of wave 1 of wave 5

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i disagree. fundamentals are going to weigh heavy on the dollar. high unemployment, GDP getting killed, we still dont know HOW LONG we will be in this state of virtually ZERO economic activity, how long before people crack? let me add the huge debt load and a 2T dollar check just written as hand outs, this money has to come from somewhere. If we get a relief rally, and a stabilized mkt, dollar will sell off, as the demand wanes. The dollar demand and selling of EVERYTHING was driving the dollar higher and isnt sustainable... just like a short squeeze, eventually, it peters out. The Euro is also overdue for a bounce. I think dollar goes lower, much lower.
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YENDE AndrewMills
@AndrewMills, yea dollar will fall,maybe in the next coming weeks (after finishing wave 5) ryt now markets are on a panic mood,,, dollar will continue with an uptrend
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