well it's clear isn't it? Weak $ before election, no rate hike, eco indicators will follow the previous one (terrible), USD will be smashed and S&P in surviving mode until next QE and NRIP. Seat back and relax !
Note
What a rebound ! The USD has been saved for the day, not 100% sure about the reason I was expecting a down till the trend line to complete the clean up(s) first then retrace. So if USD down next week we could have a big break pushes down by UJ and GU (bleaching the Long right now till trendline support) + EU .
Note
Seems next week is a perfect week for a red. Last candle has not been very convincing and it s looks more like a needed retracement but not a short squeeze, this is great.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.