Quick look at DXY and NQ

Updated

This week, DXY (US Dollar Index) may see accumulation as investors monitor economic data for signs of inflation and Federal Reserve's stance.

NQ (Nasdaq 100 Index) might fluctuate amid tech earnings and global uncertainties like geopolitical tensions and inflation fears.
I will closely watch these indices for market cues in coming week.

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While DXY continues to accumulate we will not see much anywhere else

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Here is were patience pays

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Looking for upside continuation on rebalance

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Now that the micro downtrend structure has been broken we look once again for continuation of the Macro Bullish trend.
In other words it looks like its back to buying the dip

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DXY Behaving like we expected
Patience is the game

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JP_Tru

DO YOUR OWN RESEARCH!!!

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