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EJSM
Mar 30, 2017 8:12 PM

DXY IDEA, SHORT Short

U.S. Dollar Currency IndexTVC

Description

After our GDP growth topped our expectations, I expect the market to fulfill a blow off high (illustrated here by the completion of wave 4) I also expect buyer exhaustion to set in. Which may turn to wave 5.

Down in the 1HR chart you can see RSI divergence as the market is being over bought.

I will be updating this within the coming week.

if you have any ideas, or comments please leave them below. Thank you.
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