For the first time since June 2014, ADX ticks up while bears gain strength. This hasn't happened since June 2014. Back then, price reverted back to the upper Ichimoku cloud boundary.
My medium to long term outlook is SHORT, but I wouldn't be surprised to see some more spikes up before it really takes off. For me, this is a likely start of a major trend change in the USD Index.
My medium to long term outlook is SHORT, but I wouldn't be surprised to see some more spikes up before it really takes off. For me, this is a likely start of a major trend change in the USD Index.