DXY Dollar Index December 2016 UP Long

TVC:DXY   U.S. Dollar Currency Index
Another leg down for the Index. But then, DXY             Dollar Index             long until December 2016. Green box is the target zone.
Trade closed: target reached
Telegram: https://goo.gl/ujdS3G
Still valid with the NFP Data from today chief? :P
m4riovolp3 PRO michisuperfreak
close today!!! for all close positive. DXY was rejected @97
+1 Reply
m4riovolp3 PRO m4riovolp3
close @96.50
+1 Reply
Thanks! Any tip maybe how we can check if we just have a correction or a change in the "trend" ? Hope you know what I mean...Thanks
Thank you for your sharing! I think another leg down could be as low as 92.7 and a long until a new president is set. If we get Clinton the 10 months SMA about 96.30 will not be exceeded but if we get Trump we will see 100 plus. I'm thinking about in Oct. renminbi will strike again before a new one like Trump will forbidden the devaluation. Something have to be done before Trump or it'll be changed.
note: italian banks: are the next blast for the EU... if this kind of crisis comes out, u'll see (with a probability of 99,9%) that DXY will take some advantages, too - appreciation of the dollar and so on... does this make sense?
+2 Reply
m4riovolp3 PRO m4riovolp3
PS: that will be the point, where Gold will change the correlation to the DXY - dramatically
+1 Reply
FreshOilTrader m4riovolp3
Thanks for the comments.
today, the gross domestic product annualized (Q2) will begin to point the way... if the results are much more better than expected, the FED will increase the interest rates much earlier as expected. And maybe higher as expected. u know? If not, the FED will do it in December. The higher the Dollar, the Lower is price for commodities. Does this make sense?
+2 Reply
Hello, thank you very much for your setup. Really interesting and unexpected one. Could I ask you if you also don't belive in Huge growth of Oil and Gold? Seems like it needs DXY drop to high growth. Will see. Good luck to you in all of your trades.
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