USD MIGHT AIM FOR 100.00 TO FINISH WYCKOFF DISTRIBUTION
Updated
- Seasonally USD is weak in DEC
- COT: Asset Managers in charge of Dollar pricing
- COT: Asset Managers in distribution-mode since SEP above 110.00
- S&D: 100.00 is Weekly demand-zone offering liquidity to buy back shorts
-
COT: images2.imgbox.com/50/c1/VNWTnUpN_o.png
- COT: Asset Managers in charge of Dollar pricing
- COT: Asset Managers in distribution-mode since SEP above 110.00
- S&D: 100.00 is Weekly demand-zone offering liquidity to buy back shorts
-
COT: images2.imgbox.com/50/c1/VNWTnUpN_o.png
Note
.- Drop to 100 in DEC on "dovish" FOMC?
- Then in JAN inflation surge higher on cold weather and OPEC+ manipulation?
- Forcing FED to "flip" hawkish again (and Dollar strength returning)?
Trade active
Takes longer than expected.Almost there, Price spiked 101.20
Looking for an accelaration to the downside.
99.40 is weekly demandzone.
Sultan of Swing
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