*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
What's up guys! We are here to shed some light on this insane violability that the market has been experiencing these past couple of weeks. To start off, this upcoming "Santa Rally" that you may be hearing about is solely dependent on $DXY retracing to retest our trendline support. If $DXY were to however break through $97 resistance this week you should expect $SPY, cryptos, and even oil to fall.
The Federal Reserve FOMC announcement on December 15, 2021 is likely the catalyst that will either send $DXY back down to retest our trendline, or launch it through $97 resistance.
Please be aware that my team fully believes that the weight of the U.S dollar should dramatically increase within a few weeks regardless, and can only be delayed by an undecisive decision by the Feds temporarily.
!! This chart analysis is for reference purposes only !!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
What's up guys! We are here to shed some light on this insane violability that the market has been experiencing these past couple of weeks. To start off, this upcoming "Santa Rally" that you may be hearing about is solely dependent on $DXY retracing to retest our trendline support. If $DXY were to however break through $97 resistance this week you should expect $SPY, cryptos, and even oil to fall.
The Federal Reserve FOMC announcement on December 15, 2021 is likely the catalyst that will either send $DXY back down to retest our trendline, or launch it through $97 resistance.
Please be aware that my team fully believes that the weight of the U.S dollar should dramatically increase within a few weeks regardless, and can only be delayed by an undecisive decision by the Feds temporarily.
!! This chart analysis is for reference purposes only !!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Trade active:
12/16/2021
2:56 a.m eastern time
entry: $96.235
2:56 a.m eastern time
entry: $96.235
