US Dollar Index - Confusion

TVC:DXY   U.S. Dollar Currency Index
3094 33 60
The dollar is confused. Though it's foredoomed to fall a few traders ( small and big investors ) still haven't accepted the dollar is gone and it's entering a serious decline. Markets are usually working like that.
There are always a few players who can't or don't want to realize that the buck is gone. It's not going to break above 100$. It will be heading to 80$ very soon. Yesterday Brainard's speech was the typical example. It's crystal clear that the rate hike is off the table but market just doesn't want to accept that. They want to hear it from Yellen.

If you look at this chart you can see the weakness. We broke above the 200 SMA and couldn't hold it. In August we tagged the 200 SMA twice but no break above it. Price is now crawling on the trendline . When a few big payers get know that no rate hike till December we are going to break below the trendline and tag the 93$ level very fast. And next Wednesday we will enter the panic selling stage below the range as everyone wants to get rid of the dollar longs.
Comment: They might force the dollar to tag the 200 SMA one more time.
This dollar "rally" is very pathetic. Might break down any minute.
Comment: Finally the dollar seems to be tagging the 200 SMA.
Comment: Hourly timeframe flagging
Comment: Today's winner in the intervention: ECB
Comment: The dollar printing a key reversal as turning down from the 200 SMA.
ECB is trying to save the dollar - weakening the euro - but they will fail.
And the dollar will break down the trendline this week.
Get ready : it is going to be a nasty breakdown.
all you see:
more and more corruptions in these "free" markets
And oil ? Going to DCL ?
Let's see. Same projection as I have more or less :)
Top at 96.07 before downfall.
It has 1 hour and 40 minutes left before it should be put out of its misery.
Not sure we are going to get it today...
Viking83 PRO chartwatchers
We're on track unless some catalyst change the speed of the process.
I think we reached the top at 96.03. Fake USD bull look exhausted.
What conclusions you draw Arpi?
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