That old high will get tested and shorted as a ‘double top’
Today will determine if that happens directly or not
Bull engulf means we go up there this month most likely
Big drop today and we test the downtrend first most probably
GRI 2023
Today will determine if that happens directly or not
Bull engulf means we go up there this month most likely
Big drop today and we test the downtrend first most probably
GRI 2023
Comment:
So we do have some trapped bulls from last week and the bears are rejoicing with the dollar ded cat I don’t believe the bottom is in for the dollar but it all depends on the next 3 days if the dxy doesn’t reject we will pull back on risk for a bit
