Broke out of descending wedge, now looking to retest prior the the Fed lowering rates on the 19th. Then, gold, silver, and Bitcoin will all rise... unless all of that money flows in the the stock market.... it'll be anything but the USD. She will be sacrificed!
Trade war still very much in play. DXY sitting above the 100 day. Retest of trendline after break of inverse H&S. I trade what I see and I ignore the noise. Eventually, I will be short because it's going to $0. But DXY isn't done yet.
Does this mean dollar strength coming? Given the market drops I see, and the volatility index looking ripe.. makes sense. it's still too expensing for JPM, and there are way too many bulls stacking. When it hits $9 again lots of hands will start to fold.