IvanLabrie

$DXY: Down trend continues...

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IvanLabrie Uppdaterad   
TVC:DXY   Valutaindex för U.S. dollar
Looks like the recent rally in the Dollar came to an abrupt end a while back, we had a substantial move up in Gold, Silver, Bitcoin and foreign currencies vs it so far, now we get further confirmation of the coming decline in it, today a daily signal will trigger on close, and this week, a large weekly signal might confirm as well. All hinges on FOMC's outlook, but I suspect it's already a done deal (will further accelerate Dollar weakness likely).
Likely a good idea to not own cash going forward, and rather own assets. That's the message here.
Best of luck!

Cheers,

Ivan Labrie.
Kommentera:
daily target hit, weekly signal confirmed...
Kommentera:
On track...

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