Dixieland. Issue #1 from 03.09.2016 Long

U.S. Dollar Currency IndexTVC

Description

⋅ Sep 3, 2016 11:13 AM

Life with no hikes

If somebody had any doubt about if a rate hike in 2016 was a dream or a reality, the first Friday of September 2016 gave yet another solid answer to the question:

cnbc.com/2016/09/02/us-nonfarm-payrolls-august-2016.html
investing.com/news/economic-indicators/u.s.-august-nonfarm-payrolls-miss,-unemployment-rate-unchanged-423934

Still, the trend is like an oil tanker: need time and effort to turn it around. So, one more leg up for the US Dollar next week.

Target 97-97.05 which would complete an eventual Cypher pattern

⋅ Sep 8, 2016 12:15 PM

Wave counter invalidated. Possible trend breakdown on site

⋅ Sep 8, 2016 2:23 PM

Trendline breakdown rejected. Pattern still in play

⋅ Oct 6, 2016 7:54 PM

Let´s see if we start a decline by tomorrow