SDMarik

Time for the dollar to crash..UDX target mid-low 80's

Short
TVC:DXY   U.S. Dollar Index
3
With the Market starting a correction, a few FOMC decisions that bump rates will easily cause the dollar to retrace a lot of its gains it has made due to the market tear over the past couple of years.

The overbought equities markets and equally over extended USD will start to see substantial corrections over the next 8-12 months.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.