larry

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USOIL 50% | 1 DXY 50% | 1
larry larry DXY, D, Long ,
DXY: DXY FALLING WEDGE BREAKOUT CALLS FOR 100 DXY TARGET
106 3 1
DXY, D Long
DXY FALLING WEDGE BREAKOUT CALLS FOR 100 DXY TARGET

The DXY has broken out of a falling wedge pattern for a few days now. Now, the 20-day moving average has crossed the 50-day moving average, adding further credibility to this breakout. Medium-term target is 100 on the DXY index . Keep in mind the DXY is heavily weighted with EUR and JPY. For a better idea of how the dollar is doing globally, I would advise to ...

larry larry USOIL, D, Short ,
USOIL: DOES RECENT WTI PRICE ACTION RHYME WITH LATE 2015?
178 0 3
USOIL, D Short
DOES RECENT WTI PRICE ACTION RHYME WITH LATE 2015?

Despite the run up in the price of crude, fundamentals still don't justify such a premium. Could the recent price action of WTI Crude Oil be a repeat of what we saw in late 2015?

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