markets have rallied since trump was elected but looking at the monthly we are able to see the price pattern being formed.seems we will kickstart 2017 selling the dollar! best part is it is monthly so all pairs will move a lot of pips!
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Comment:
feelin bearish on trump with a head n' shoulders??!
Comment:
very good setup it was..
Comment:
Not a political guy but Trump has been boasting about his accomplishments to create US jobs, we all know the president has little to do with this and on Friday we were able to see a negative report release. Now, the SPX
has been Rallying but we can see that regardless, The index has just been experiencing a sharp drop, I will not say its a full blown impulse, but it definitely does open up the possibility to a halt on the growth of the Dollar, it is correctional Sellers Wave and it is very impulsive so we can anticipate the Sellers to continue overpowering the bulls for a lot of time to come.
Thumbs up for the Monthly Prediction! :)
has been Rallying but we can see that regardless, The index has just been experiencing a sharp drop, I will not say its a full blown impulse, but it definitely does open up the possibility to a halt on the growth of the Dollar, it is correctional Sellers Wave and it is very impulsive so we can anticipate the Sellers to continue overpowering the bulls for a lot of time to come.
David K Giraldo
maybe some pubbacks this month to continue this drop