


Greenandgold
Maybe just overthinking it. However, interesting to see so many USD pairs closed in doji, with long wicks. As if there was a reason to clear way for a big move. You get the idea...
So APPL dumped hard EDO July 2nd. I watched them load up negative ticks. See related idea below. Whats this have to do with DXY? Well... What's interesting to me here is. On APPL we had what Im calling a Kissy Face on the Ichimoku cloud. Where convergence, median and POC lined up to a point. This was right after the June 30th cloud float pump. Im sure theres a...
I watched APPL load up 3+ full ticks to zero and back of -1000 and several that were in the -800s at the end of the July 2nd US session. Then, today at the end of EU session. On the 1H, NAS has broken median and convergence and is dipping behind the cloud. Profit taking inbound, as we pull aways from the Island into the main downstream trend hold on.
I was poking around and found this correlation.The size is much larger than February 28th.
This trend happened in 2019 and seemed a little late in 2018. But we did get DXY gains in July, starting around the 10th. Theres potential 2019 may likely play out in the month to come again. And in a bigly way. We may have a confluence of forces that create a volatility squeeze. Corn, Covid, Oil, Politics, Pumping, flooding and more, darker forces at play. But...
You pucker up because grandma is coming in for a kiss! I just made this term up. But who wants grandmas to kiss you on the lips. Possible Oil Shock and Apple will push us from the island. All Aboard, hold on. :)
Quick small drop to res, with a sharp rebound before the holiday, some profit taking. CV spiking, many more shutdowns and Dr. Fauci's stark warnings of 100k a day cases to come. Combined with closings -it's risk is off - and sentiment, while the consumer is confident, that was last month, and the consumer is not exactly safe. It will settle in, soon.