resurrector007

Deceiving Triangles? Let the wave show u.

FX:EURUSD   Euro/U.S. Dollar
48 0 1
Going strong on the dollar seems to be the mantra. However, looking at a long term view i'm begging to wonder weather we are in the 4 wave of the EUR bear market or wave 2 of the EUR possible bull market. Both pose possibilities.

If it is in-fact a fourth wave, we are talking about a possibility of successful Trump presidency, strengthening dollar and US Market.

If it is in-fact a second wave, we could still see / realize a successful Trump presidency, weakening dollar which should take care of the 17 Trillion Dollar US Debt. Hopefuls,that will have to make things progressive /successful are continued lower interest rates, competitive US product by the Devaluation of the dollar and increase in robotics to match Foreign Labor competition, increase in US labor to operate these robotics, tax reform - taxing Robots = i.e. corporations for# of jobs equivalent taken by robots, taxing corporations sending labor abroad. If Robotics are employed it must be employed in such away that a sufficient number of US labor force is employed lowering the need for production abroad. All this to keep the US products competitive in pricing to cheaper foreign products.
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