not sure what will be happening at GBP but it look very "scaring".
Simple Tech.Analysis is very impressing .... retesting a previous important resistance
Elliot Wave Count seems to project end of wave 5 really "out of the moon"
I belong to Old School and I think in a vision on very long term that if Interest Rate goes UP then Currency will follow it.
Therefore trendline on 10Y very important to test future of Dollar.
What do you think ?
Frankly looking at the Chart I should be BULLISH but honestly I am a bit scare.
I believe this index it s nowadays more interesting then DOW or S&P because the weight of Tech Companies
keep growing in the world and personally I started following it more accurately than ever.
Just need some help.
What s your idea guys out there ?