Textbook movement. Looking for a strong break of the top resistance line and a retest. Still coincides with equity sell off. I’m expecting 3170-3050 ES by eow..
Still working through the scenarios that come after a successful retest and newly established uptrend. Leaning towards a nasty sell off until the end of November the earliest. Not sure though still...
Still looking good. Waiting for a a breakout through resistance. Scenario lines up with the current outlook of the equity markets. I know DXY is not a tradable asset. However, I still feel the schematic is valid.
Inverted H&S on the daily. Morning star on the weekly.
Volume surge needed to break neckline. Possible touch of neck line then retest of trendline and .618 fib before breakout.
Yellow line- current trend line
Red line- IH&S neckline
Purple Arrow- ~equal length from neckline to trough. (Not a price prediction)
Open to constructive criticism.
Not financial...
