supere

#3 Liquidity crunch, another warning

Long
AMEX:UUP   INVESCO DB US DLR INDEX TR
The USD, reserve currency of the world, is about to breakout from a VERY LARGE wedge on the same day that volatility spiked with historical volume and 10 year bond yields started rocketing. Is this yet another red flag for investors? A rising USD is another sign of impending liquidity crunch, debt implosion and stock market crash IMHO. It might mean people are demanding cash and supply is short.

Comments

Are you saying this is a Falling Wedge reversal pattern?
Also can you explain the dashed lines on your chart, are they showing trajectory of price?
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