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hobsonmaclean
Dec 11, 2022 10:01 PM

my weekly forecast on the DXY  

U.S. Dollar Currency IndexTVC

Description

talking of the current market pattern on the 30mins, you can see the market printing a very beautiful bullish wedge which will push value of the dollar to the significant zone 105.600 & 105.800, where have my 4h trendline resistance which market will probably respect that zone, taken us back to 104.00.
Comments
gdleibow
DXY about to reverse in an explosive manner. Bitcoin also about to crash. SPX in a rising wedge for a month now and has seen 5 distinct waves. Inflation surging with no end in sight despite the streets hopes and dreams. Seasonal window coming fast and closing out any chance for an impulsive slide. It is first half of this week or not till mid to late January. SPX closing below 3908 would only be needed to get that impulsive drop.
UnknownUnicorn493766
Good job
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