Viking83
Short

USD's fake bulltrain

TVC:DXY   U.S. Dollar Currency Index
USD
114 0 11
usd
USD has been rallying since the Jackson Hole.
This rally is used for fooling everyone on the bulltrain. I expect the USD to top on NFP tagging about 96.2 and drop sharply. Commodities will get fuel on their rockets at the same time.
Comment: USD index tagged 96.26 and turned. Let's see if it was satisfied with not touching the 200 DA.
Comment: The USD dropped sharply on NFP but rallied back again. Might be dip-buyers, but the rally seems weak. I predict that the top was reached at 96.26 and that it will continue its downfall.
Comment: It's going down. A lot of people are going to be caught on the wrong side of this one.
Comment: Whoops, a lot of longs trapped. It's getting worse though :)
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