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mjmassens
24 jan 2021 04:25

90.7 DXY Dollar is the key to the stocks correction!!! 

U.S. Dollar Currency IndexTVC

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If the Dollar gets over 90.7, that should signal the correction in all assets. 90.7 is the *yearly* 20 period moving average. Rejected twice this past week, but it has broken out of a wedge pattern, backtested successfully, and seems to want to move up to get over 90.7. Target 92.3-92.5 for the short term resistance and green light to long stocks. 90.99 is a gap and also a target.
Kommentarer
Dave-FX-Hunter
Amazing analysis
Will_Wong
Mer